Security Storage is a strategically located 3 property self storage portfolio in Cheyenne, WY. The portfolio’s 99,602 RSF is comprised of 725 drive up self-storage units. The 3 properties have easy access and convenient proximity to all of Cheyenne’s residents. The single-story drive-up facilities were constructed between 1993 and 1996 and are concrete drive, fully fenced and well maintained. The portfolio operates at high occupancies year-round – allowing interested buyers to implement ECRIs and revenue management to increase operating income.
Cheyenne, WY, located just 100 miles north of Denver, is a vibrant city where history, culture and natural beauty converge – offering a unique blend of modern amenities and old fashioned charm. Cheyenne embraces its past while looking toward the future, offering a thriving economy, excellent schools and a strong sense of community. With a friendly atmosphere, low cost of living, and strong real estate market, Cheyenne is attractive destination for many. Wyoming is one of the few states with no individual or corporate state income tax.
The Security Storage Portfolio is an excellent opportunity to purchase a large footprint in an attractive and growing market.