Active Storage

• Proximity to the Colorado River: This property is located ~0.5 Miles away from the Colorado River, which is one of the most heavily boated waterways in the United States, making it a premiere location for boat storage.
• Strong current and historic occupancy: This facility has maintained 90+% physical occupancy over the last 6 years. Length of average tenancy is very long, and the Valet style of storage maximizes usable space while also making it more difficult for tenants to leave without notice.
• Attractive $ / SQFT: Currently offered at $48.20 / NRSF, this facility has a compelling cost basis allowing a long runway for future appreciation.
• Below market Rates: This property is 15-28% below market compared to comparable properties in the area, enabling a buyer to do an immediate rent increase upon purchase likely with little tenant disruption
• Arizona real estate with California proximity: This property is located less than a mile away from california, offering the owner the tax benefits of owning in Arizona while pulling affluent customers from California.