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CubeSmart Self Storage (Managed) Three Property Portfolio
Multiple Addresses, Apache Junction, Arizona 85120
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Property Info
Price: $12,700,000
Units: 774
Year Built: 1979-1997
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Download Marketing Package
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Broker Contact Info
Nathan Coe
614.360.9801
Nathan.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Stabilized, REIT-Managed Three-Property Storage Portfolio in the Phoenix, Arizona MSA With Upside
See marketing package for property demographics.
• Stabilized, REIT-Managed Three-Property Storage Portfolio in the Phoenix, Arizona MSA With Upside
• Rare Opportunity to Buy Stabilized Storage Facilities in Suburban Phoenix
• Located Approximately 30 Miles East of Downtown Phoenix in the Growing City of Apache Junction in Pinal County
• Combined 87,592 Net Rentable Square Feet
• 533 Total Self-Storage Units | 15 Total Small Bay Industrial Units | 226 Total Uncovered Outdoor Parking Spaces
• All Three Facilities Located Within a Three-Mile Radius 91.18% Combined Physical Occupancy
• Densely Populated Market – Average of 115,949 People Living Within a Five Mile Radius of Each Facility
• There Are No Traditional Storage Sites in the Area Under Construction or Planned (per Yardi)
• 1,500 Residential Units Under Construction Within a Three Mile Radius
• Multiple Additional Town Home and Single-Family Communities in the Planning Process
• Growing Surrounding Population Base | Three-Facility Average Population Growth Since 2010 is 15.46% with Projections for Continued Future Population Growth
• $94,343 Average Household Income Within Five-Miles of Each Facility
