Listing Portfolios

Apache Junction Self-Storage Portfolio

$4,085,000
NRSF - 86,963

The Apache Junction Self-Storage Portfolio offers an excellent opportunity to acquire a two-property, self-storage portfolio in the Greater Phoenix Metropolitan Statistical Area. Acquisition of the portfolio provides an investor with multiple value-add components, along with solid coverage of the surrounding area. Located less than one mile from one another in Apache Junction, both facilities are well maintained and equipped with self-service kiosks and management offices, allowing for an owner to reduce management costs. Furthermore, both facilities have the opportunity to convert existing space into traditional self storage, contributing value to the portfolio.

The portfolio consists of 86,963 rentable square feet and 608 units, comprised of non-climate controlled units, office spaces and boat/RV parking. Current physical and economic occupancies are 85.64 percent and 73.10 percent, respectively, offering fantastic growth potential. In years five and seven, an investor can expect to witness leveraged IRRs of 25.45 percent and 24.42 percent, paired with an attractive pro forma capitalization rate of 9.06 percent.

The Greater Phoenix Metropolitan Statistical Area, commonly referred to as Metro Phoenix, is made up of Pinal and Maricopa counties, with the latter ranked as the second-fastest growing county in the nation. 

  • Ironwood Ironwood
    1678 West Superstition Boulevard
    Apache Junction, AZ
  • Strongbox Strongbox
    1735 West Apache Trail
    Apache Junction, AZ