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Self-Storage Facility

MAX Storage

132 Old Hwy 91, Hurricane, UT 84737

Listing Price: Request For Offer

Number of Units
971
Occupancy
53.8%
Gross SF
185,000
Rentable SF
148,040
Year Built
2021

Investment Overview

NEW CONSTRUCTION // The facility was constructed and opened in July of 2021. Constructed with steel buildings, standing seam metal roofs, and wide drive aisles. The property also features a large number of canopy and outdoor parking. FAST LEASE UP // The property is far exceeding lease up projections, with little advertising, and is currently 72 percent leased by square footage. The facility is averaging 35 net new rentals each month. GREAT LOCATION // The property is located between Washington and Hurricane, two of the fastest growing communities in Southern Utah. Minutes from Sand Hollow and Quail Creek State Parks. Right of I-15 and Highway 9, both gateways to national and state parks. MANAGEMENT UPSIDE // The property is currently locally owned and operated. Providing opportunities for a new owner to implement a dynamic revenue system, tenant insurance income, and accelerate the lease-up process.

Investment Highlights

  • New Construction
  • Fast Lease Up
  • Great Location
  • Management Upside

Exclusively Listed By

  • Jordan Farrer

    Senior Associate

    (801) 736-2643

    Email Jordan

    License(s): UT: 9220604-SA00, NV: S.0192979, ID: SP54637

    Salt Lake City

Self-Storage Facility

MAX Storage

Listing Price: Request For Offer

Number of Units
971
Occupancy
53.8%
Gross SF
185,000
Rentable SF
148,040
Year Built
2021

Investment Highlights

  • New Construction
  • Fast Lease Up
  • Great Location
  • Management Upside

Investment Overview

NEW CONSTRUCTION // The facility was constructed and opened in July of 2021. Constructed with steel buildings, standing seam metal roofs, and wide drive aisles. The property also features a large number of canopy and outdoor parking. FAST LEASE UP // The property is far exceeding lease up projections, with little advertising, and is currently 72 percent leased by square footage. The facility is averaging 35 net new rentals each month. GREAT LOCATION // The property is located between Washington and Hurricane, two of the fastest growing communities in Southern Utah. Minutes from Sand Hollow and Quail Creek State Parks. Right of I-15 and Highway 9, both gateways to national and state parks. MANAGEMENT UPSIDE // The property is currently locally owned and operated. Providing opportunities for a new owner to implement a dynamic revenue system, tenant insurance income, and accelerate the lease-up process.

Exclusively Listed By

  • Jordan Farrer

    Senior Associate

    (801) 736-2643

    Email Jordan

    License(s): UT: 9220604-SA00, NV: S.0192979, ID: SP54637

    Salt Lake City

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