FreeUp Storage Aspen Park
Conifer, CO
SIG acquired a 128 unit, existing self-storage facility, in Conifer, CO. The facility conveyed a ½ acre vacant lot that was zoned residential. SIG rezoned the lot to allow for the development of an additional 14,000 square feet to double the size of the facility. The expansion is underway and expected to open in the summer of 2021.
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Strong Market Fundamentals
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14,000 GSF
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Expansion and Operational Improvements
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Economies of Scale with other Spartan Properties
FreeUp Storage Aspen Park
Commercial development and operation of a self-storage facility.
Target Timeline
10-year project hold with 100% refinance of investor capital in year five.
Next Steps to Invest
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