Sedona Self Storage

The property is located in-town and next to the Basha’s grocery. The property is at full occupancy and has been at full occupancy for years and years. The current owner has added some automation features such as mechanical gate with keypad and cloud-based management software. He has not implemented any revenue management or tenant insurance programs.

In addition to the storage facility and onsite office, this offering includes a separate manager residence. The property is located adjacent to a high traffic section of the 89 Freeway.

Continued management improvements and unit mix revisions at this facility will lead to a steady and consistent increase in the occupancy level. Projections over the next 5 years at higher occupancy attained through unit mix revisions, along with market standard rental escalations, would result in net operating income growing substantially from the first through 5th year of ownership.

The opportunity in this storage facility lies in the outcomes generated by straightforward operational improvements. Any potential buyer would be able to push rental rates immediately as many tenants are at a substantial discount to market rates. For these reasons, this investment offering is the perfect opportunity for an investor willing to implement a simple business plan and capitalize on substantial returns