Property History
Property Type
Property Type
Marketing Description
Paca Storage, a new self-storage facility in Payson, Utah, offers a variety of unit sizes, ranging from 25 to 533 square feet, and climate-controlled options. This state-of-the-art facility is conveniently located next to I-15 and boasts high-quality cinderblock construction. The property spans 4.7 acres, with 50,860 square feet of gross building area. Of the 325 units, 186 are climate-controlled, and 139 are non-climate-controlled. The facility has significant potential for increased occupancy and income.
Investment Highlights
- High-Quality Construction: The facility’s robust cinder block construction ensures the long-term protection of stored items.
- Climate-Controlled Units: A significant portion of the units offer climate control, catering to customers seeking optimal storage conditions for sensitive belongings.
- Expansion Potential: The property’s expansive 4.76-acre size, provides substantial room for future expansion to meet growing storage demands where Paca Storage currently parks RV’s. You could build another 50,000 SF of storage on the remaining land.
- Significant Upside Potential: With a current occupancy rate of 46%, Paca Storage offers substantial upside potential through proactive management and leasing strategies to increase occupancy and maximize financial performance.
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
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Contacts
Map
Comparable Properties
Rental Market Overview
This rental data is based on the nearest market to this property: Santaquin, UT.
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Santaquin, UT (nearest market)
Spanish Fork, UT
Springville, UT

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