- BELOW MARKET RENTS // Asking rates 30 percent below market despite 97 percent physical occupancy.
- SELLER FINANCING // 6.0 percent interest only rate, 50 percent LTV, five-year balloon.
- UPSIDE POTENTIAL // Increasing economic occupancy from its current 78 percent (physical at 97 percent). Implementing revenue management practices, offering tenant insurance, implementing typical self-storage management software.
- EXISTING FEATURES // All locations have perimeter fences, remote accessed security cameras, and gates.
- IMMEDIATE MARKET COVERAGE & SCALE // Combined total 135,050 NRSF of self-storage across seven locations throughout the western slope of Colorado covering the cities of Grand Junction and Palisade. Currently all locations remote managed by the local owner.