FreeUp Storage Aspen Park
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.
Strong Market Fundamentals
Expansion and Operational Improvements
Economies of Scale with other Spartan Properties
FreeUp Storage Aspen ParkCommercial development and operation of a self-storage facility.
Target Timeline10-year project hold with 100% refinance of investor capital in year five.
Next Steps to Invest