investment highlights
- EXPANSION POTENTIAL // There’s a 1.67-acre parcel located just one block from the main facility with zoning for 69 covered boat and RV storage units—an ideal fit for Gold Canyon’s affluent retiree and outdoor enthusiast demographic. This rare entitlement unlocks immediate value-add potential in a high-demand niche.
- ATTRACTIVE LAYOUT & DESIGN // The facility boasts full ground-level access across the property with a highly desirable unit mix: climate-controlled spaces, non-climate drive-up units, and canopy surface parking. This configuration caters directly to local preferences and positions the asset as a top-tier offering in the submarket.
- OPERATIONAL UPSIDE // Current asking rents trail the competitive set by approximately 20 percent, presenting a clear opportunity to drive near-term revenue growth through strategic rate adjustments and ECRI optimization.
- GROWING SUBMARKET // Gold Canyon is a fast-growing, affluent enclave with median household incomes well above the national average. Population growth is projected at 6.2 percent over the next five years, while job growth is forecasted to surge 48 percent over the next decade—outpacing national trends and fueling sustained demand.
- STRONG LOCATION // Strategically positioned on Kings Ranch Road, the city’s primary east-west artery, the facility benefits from around 10,000 vehicles per day and direct access to a high-income renter base, with average household incomes exceeding $119K. This visibility and affluence reinforce long-term asset durability.
property summary
Canyon Rose Storage presents a compelling opportunity for investors seeking long-term value in a high-growth, affluent submarket. A nearby 1.67-acre parcel — just one block from the main facility — comes with zoning to develop 69 covered boat and RV storage units, catering directly to the area’s retiree and outdoor enthusiast population. This expansion-ready asset adds immediate scalability and taps into a premium amenity niche. Operationally, there’s significant upside: current asking rents are approximately 20 percent below market averages, offering a clear path to revenue growth through strategic rate adjustments and enhanced ECRI’s.
The existing facility is thoughtfully designed with ground-level access throughout and a desirable mix of climate-controlled units, drive-up non-climate spaces, and canopy surface parking — features that are highly sought after in the local market. Canyon Rose Storage offers a secure and well-maintained facility designed for both convenience and peace of mind. The property features a gated entry with a digital keypad, ensuring controlled access for authorized users. A separate onsite management office is prominently located at the front of the entrance gate, providing immediate assistance and oversight. The entire facility is monitored by 24/7 video surveillance, reinforcing its commitment to safety. Wide concrete driveways allow for easy navigation and loading, while each unit is equipped with roll-up doors for efficient access and storage flexibility.
Gold Canyon itself is a thriving community with projected population growth of 6.2 percent over the next five years and future job growth estimated at 48 percent — well above the national average. The area’s median household income exceeds $119,000 annually, reinforcing the strength of the renter base. Strategically located on Kings Ranch Road, the city’s primary east-west corridor, the facility benefits from nearly 10,000 passing vehicles per day, ensuring high visibility and accessibility. Altogether, this asset combines expansion potential, operational efficiency, and a prime location within one of Arizona’s most desirable and upwardly mobile communities.