Investment Overview

FULLY ENTITLED PERMIT READY // Current owners have worked through the process with Summit County and all agencies to deliver the site fully entitled to the buyer. Buyer will be responsible for pulling permits and executing agreements with the county. HIGH BARRIERS TO ENTRY // Summit County and Park City are known for decades long entitlement processes and restrictive zoning. Park City is committed to maintaining resort style developments and additional housing, providing little opportunity for additional self-storage developments. TROPHY ASSET POTENTIAL // Located at the intersection of Interstate 80 and Highway 40 the asset will out position any other storage properties in the market and command the highest rates in the entire state. Due to the number of vacation properties Park City also has above average usage rates with demand outpacing supply. PARK CITY, UTAH // Home to the 2002 Winter Olympics and likely candidate for the 2030 or 2034 games, Park City is home to world class ski resorts, hospitality, and dining. Known as one of the most affluent communities in Utah, Park City hosts year-round residents and is also a popular vacation home destination. The Five-Mile Average HH Income is $179,757.