Fossil Creek Self Storage

4461 Pontiac Street,
Mills, WY 82644

MANAGEMENT PROPOSAL

113
Number of Units
1.25
Land Acres
19,850
Rentable Square Feet
Fee Simple
Ownership Type
19,850
Gross Square Feet
 
 
113
Number of Units
1.25
Land Acres
19,850
Rentable Square Feet
Fee Simple
Ownership Type
19,850
Gross Square Feet
 
 

Investment Summary

  • Bedico Storage currently has 35,550 RSF of non-climate-controlled storage. There is roughly two acres of vacant land that has been cleared and is ready to build on. All the fill dirt and subsurface drainage work has been completed. Ability to double total rentable square footage. Bedico Storage has great visibility and access from the main thoroughfare, Highway 22, which has a daily traffic count of ~6k cars per day. Low Supply in a rapidly growing trade area. There is currently 4 sq ft / capita and 14% population growth within a 3-mile radius (800+ home development going in 1.5 miles down the road). New ownership will be able to drive property performance by: - Utilizing online advertising and SEO optimization - Increasing street and tenant rates to be in-line with the market - Pushing tenant insurance - Adding in more buildings and/or outdoor Boat/RV Parking units

    FOR MORE DETAILS CONTACT
    Taylor Cahn
    Founder & VP of Investment Sales
    (720) 460-8483
    taylor@storageexchange.com
    CO - 100085487
    Jennifer Stein
    Founder & CEO
    (631) 833-1085
    emily@storageexchange.com
    IN #RC51500226
    Taylor Cahn
    Director of Investment Sales
    (631) 833-1085
    taylor@storageexchange.com
    9004326