FreeUp Storage Silt

Silt, CO

SIG has strategically acquired an existing 285-unit self-storage facility in Silt, Colorado, marking a significant addition to its growing portfolio. This acquisition positions SIG to implement a comprehensive strategy aimed at optimizing the asset's performance and significantly increasing its market footprint. The SIG team is poised to deploy substantial operational improvements across the facility. These enhancements will focus on streamlining management processes, refining customer service, and implementing advanced digital solutions to boost efficiency. The primary objective of these operational upgrades is to increase economic occupancy, ensuring the facility maximizes its revenue potential by attracting and retaining a broader customer base. Beyond operational refinements, SIG plans a significant physical expansion of the property. The team intends to add as much as 45,000 square feet of new storage space. This substantial expansion will not only increase the total unit count but also allow for the introduction of diverse unit sizes and potentially specialized storage options, catering to the evolving demands of the Silt market and solidifying the facility's competitive advantage.
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    Total 42,000 GSF

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    Strong Population Growth

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    Expansion Opportunity

285
Units
42k
Square
Feet
4 year
Target
Timeline

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