Investment Summary


Southwest Self Storage Advisors is extremely pleased to present for sale the  of Copper Mountain Self Storage and Vehicle storage facility in Casa Grande, Arizona. This Class-A storage facility is located on North Pinal Avenue, the major North-South thoroughfare in the city of Casa Grande. Located at the north-end of the city, it benefits from being only 1 mile north of the Casa Grande Municipal Airport and only 1 mile west of the I-10 Freeway.

  •  2008 Construction – New Facility
  • Priced Near Replacement Cost
  • Explosive Growth Area
  • 67% Air Conditioned Storage Units

 

Typical Indoor AC Units

Typical Indoor Air Conditioned Units

 This facility consists of 545 rental units/spaces of which 400 are self storage units and 67% are climate-controlled. Copper Mountain Self Storage was built in 2008 and represents an exceptional opportunity for an investor to acquire a state-of-the-art, newly constructed project at a price point significantly below replacement cost. At 30% current occupancy, there is the opportunity for tremendous operational upside and an excellent long-term investment as the market strengthens. This purchase also includes an additional 6.53 acres of highway frontage commercial land suitable for future development. At the time of development this frontage land was planned to be built-out with office and retail product.

Typical Drive Up Units

Typical Drive Up Units

Copper Mountain Self Storage has enormous potential and upside at a price of $5,500,000. This Class-A facility constructed in 2008 had an original construction loan in excess of $5.0 million. This means the property can be purchased for about what it cost to be built. In addition , there is 6.53 acres of vacant land that sits in front of the facility with frontage along Pinal Avenue, the busiest north-south road in Casa Grande, Arizona. This land was originally planned for an Office and Retail project.

Oppoutunity & Upside Potential

Copper Mountain Self Storage was constructed in anticipation of the growth that was approved by the city of Casa Grande in 2007. The construction however, came to a halt along with the entire housing sector of the economy in 2008. However, in a few years, as construction starts up again, this property will be well-positioned to take advantageof the explosive growth expected in this area. The city of Casa Grande is a major future growth area for the metro Phoenix area and Copper Mountain Self Storage is located in the primary zone designated for growth by the city of Casa Grande. Many of these developments already have the infrastructure in place for more houses. Casa Grande is developing plans for a trio of megadevelopments that individually would have more residents than the city’s current population. The three developments are all planned for northwest of Pinal County’s largest city, along the Casa Grande- Maricopa Highway. The three developments – the Legends, Grande Valley and Copper Mountain Ranch – would encompass more than 30 square miles, about 74,000 houses and nearly 250,000 people, according to city officials and developers.

Gate

Entry & Exit Gates