VIP Self-Storage

Casa Grande, ARIZONA

The 349-unit self-storage facility is located within the city of Casa Grande, Arizona - a major transportation hub situated equidistantly between Phoenix and Tucson on the I-10 corridor. The property consists of 38,166 square feet of rentable storage with an additional 4,000 square foot commercial building separately leased. This “value-add” opportunity has undergone a complete renovation to include new exterior paint, unit doors, signage, exterior lighting, security and 24-7 access via a computerized self-service kiosk. The freestanding leasing office has recently been redesigned as well. Clients may lease units online and have a 24-7 help line at their disposal.

PURCHASE DATE

2015

ASSET CLASS

SELF-STORAGE

SUB-MARKET

DOWNTOWN CASA GRANDE

 

UNITS

349

STRATEGY

VALUE ADD RENOVATION

PURCHASE DATE: 2015

ASSET CLASS: SELF-STORAGE

SUB-MARKET: DOWNTOWN CASA GRANDE

UNITS: 349

STRATEGY: VALUE ADD RENOVATION

Investments in Caliber private placements can lose entire value, are illiquid and are speculative.

Investments in Caliber private placements can lose entire value, are illiquid and are speculative.

PROPOSED VALUE

VIP Self-Storage
Caliber owned asset.

Strategic Location

The 349-unit self-storage facility is located within the city of Casa Grande, Arizona - a major transportation hub situated equidistantly between Phoenix and Tucson on the I-10 corridor.

21st Century Access

24-7 access via a computerized self-service kiosk, gated property with full-time onsite management

VIP Self-Storage
Caliber owned asset.
VIP Self-Storage
Caliber owned asset.

Market Analysis

Census Bureau reports a population growth of 27.36% since 2010.  Located within 2.5 miles of the newest industrial user, Lucid Motors opened a factory in 2020, which is expected to bring in nearly 5000 direct and indirect workers to the area. 

Investments in Caliber private placements can lose entire value, are illiquid and are speculative.

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