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Self-Storage Facility

Freedom Storage

115 Peridot Ave, Loveland, CO 80537

Listing Price: Request For Offer

Number of Units
353
Occupancy
76.5%
Gross SF
47,846
Rentable SF
47,846
Year Built
2018

Investment Overview

All storage is non-climate controlled built in 2018 and opened the first of 2019. Some non-climate storage is interior accessed but without a keypad controlled locked door. Open RV parking is in the center. 70 of the units are 8x19 portable storage containers purchased new within the last four years.

Investment Highlights

  • FAST GROWING NORTHERN COLORADO MARKET// Larimer County ranked fifth in the nation for population growth between 2010-2020 growing 19.8 percent.
  • RECENT CONSTRUCTION // Construction finished in late 2018 and the facility opened in early 2019.
  • GROWING LOCAL MARKET // Three mile population forecasted to grow by 11 percent by 2026.
  • APPROVED EXPANSION PLANS // City approved plans for 54,000 gross square foot climate controlled three-story facility (phase two) and 34,400 NRSF drive up non-climate controlled storage (phase three).
  • UPSIDE POTENTIAL // Implement professional revenue management best practices to increase occupancy and maximize revenue. Offer tenant insurance. Add a sign along East 1st Street.

Exclusively Listed By

Self-Storage Facility

Freedom Storage

Listing Price: Request For Offer

Number of Units
353
Occupancy
76.5%
Gross SF
47,846
Rentable SF
47,846
Year Built
2018

Investment Highlights

  • FAST GROWING NORTHERN COLORADO MARKET// Larimer County ranked fifth in the nation for population growth between 2010-2020 growing 19.8 percent.
  • RECENT CONSTRUCTION // Construction finished in late 2018 and the facility opened in early 2019.
  • GROWING LOCAL MARKET // Three mile population forecasted to grow by 11 percent by 2026.
  • APPROVED EXPANSION PLANS // City approved plans for 54,000 gross square foot climate controlled three-story facility (phase two) and 34,400 NRSF drive up non-climate controlled storage (phase three).
  • UPSIDE POTENTIAL // Implement professional revenue management best practices to increase occupancy and maximize revenue. Offer tenant insurance. Add a sign along East 1st Street.

Investment Overview

All storage is non-climate controlled built in 2018 and opened the first of 2019. Some non-climate storage is interior accessed but without a keypad controlled locked door. Open RV parking is in the center. 70 of the units are 8x19 portable storage containers purchased new within the last four years.

Exclusively Listed By

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