Willowstone Self Storage
This is an exclusive opportunity to acquire Willowstone Self Storage
Marketing description
- Near-Stabilized Occupancy with Continued Upside: Currently 89.3% occupied across 408 units and 48,960 self-storage NRSF, with a clear path to 92.0% projected stabilized occupancy.
- Diversified NNN Income Component: A 6,000 NRSF office building is leased through 3/31/30 to Foundation for Successful Living, Inc., contributing $109,920 in annualized income with 4% annual rent escalations.
- Below-Market Rental Rates: Current asking rents are approximately 18% below market average.
- Strong Demographics: Serves a population of 125,993 residents within 5 miles, with 57,866 households, $82,694 median household income, and 2.7% projected five-year population growth.
- Located near Costco, Trader Joe's, and Lowe's, Strategic, Military- Anchored MSA: Located in Colorado Springs near Fort Carson, Peterson and Schriever Space Force Bases, and the U.S. Air Force Academy.
Investment highlights
This is an exclusive opportunity to acquire Willowstone Self Storage, a 48,960 NRSF self-storage (408 units) plus 6,000 NRSF NNN office, 54,960 NRSF total. Willowstone Self Storage offers a plethora of different unit sizes to fit a variety of different client needs. Scott Reid of ParaSell, Inc. exclusively represents the Seller.
HOW TO REGISTER:
- Go to www.urowrealestate.com
- Click Login on the Top Right of the Screen
- Press Register
- Enter Your Contact Information
- Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.urowrealestate.com/listings/willowstone-self-storage
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
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