AZ Self-Storage Leoma

Investment Overview

Built in 2022, AZ Self-Storage is a gated facility with Highway frontage comprised of 68 total units (non-climate controlled), metal constructed, with an excellent highly desirable unit mix. The property has key pad controlled entry, security cameras, managed with full automation and minimal operational expenses. The facility utilizes a Storage specific software company that handles the rent collections, marketing, leasing, phone calls, codes, evictions, and auctions. AZ Storage Leoma, is currently at 76% occupancy leaving upside of an additional $1,243 per month ($14,916 annually) in rental upside. This is great opportunity for either an investor looking to get out of residential/multifamily into the highly desirable Self-Storage space at a really reasonable price of $47 PSF. The facility is mostly passive with automated software management, low maintenance, and a field rep if to handle landscaping, lock overs, or repairs. Located along a primary transportation corridor, the property serves residential, agricultural, and commercial users seeking secure storage solutions.

Investment Highlights

• Newer facility built in 2022
• Only $47 PSF!
• Fully automated operations, easy to manage
• Vacancy lease-up potential of $1,243/Mo; $14,916 Annum
• Excellent unit mix within metal buildings
• Secure Key Pad Entry with Video
• Highway 43 Frontage, Visibility, and Access