Fort Collins, CO – Argus Self Storage Advisors is pleased to announce the successful sale of the US Storage Centers Fort Collins Portfolio, a two-property self-storage portfolio totaling 1,056 units and approximately 127,000 net rentable square feet in Fort Collins, Colorado. Argus represented the seller in the transaction.
The portfolio comprises two US Storage Centers in Fort Collins, CO. In addition to the storage square footage, the facilities offer approximately 31,000 square feet of RV, boat, and vehicle parking. Institutional in quality with a diverse unit mix and strong in-place cash flow, the assets gave the new owner immediate scale in Northern Colorado along with meaningful rental rate upside across both locations.
Fort Collins is the fourth-largest city in Colorado and the economic engine of Northern Colorado. Anchored by Colorado State University and a diversified employer base spanning healthcare, advanced manufacturing, technology, and clean energy, the market continues to benefit from sustained in-migration and strong household incomes. The portfolio drew strong interest through a competitive, fully marketed call-for-offers process and ultimately traded to an institutional buyer.
“This portfolio checked every box institutional capital is looking for, scale, quality, and a growing, affluent market,” said Cole Carosella, Vice President at Argus Self Storage Advisors. “Fort Collins has some of the strongest long-term fundamentals on the Front Range, and the depth of interest we saw throughout the process shows that well-located self-storage in high-growth markets remains one of the most sought-after asset classes in commercial real estate.”
Argus Self Storage Advisors continues to be a market leader in self-storage brokerage, leveraging its national platform and local market expertise to deliver best-in-class outcomes for its clients.
Based in Denver, Colorado, Argus Self Storage Advisors (Argus) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.
