Contact our Team for a Showing – By Appointment OnlyAllison Larsen: (385) 685-4844 Office: (435) 485-7070 Call or Text! Email: Allison@iraut.com

Welcome to Classic Storage, a 127-unit self-storage facility located at 2087 N Main St in Sunset, Utah, just minutes from I-15. This value-add investment opportunity combines stable in-place income with immediate upside through lease-up, making it an attractive opportunity for both experienced and first-time storage investors.

Situated on 0.857 acres, the property features 16,731 square feet of rentable storage space and is currently approximately 82% occupied, providing room to increase revenue as remaining units are leased. Recently restored units are now rent-ready, creating immediate leasing potential while minimizing upfront capital improvements.

The property is fully fenced with an electronic security gate, surveillance cameras, and 24/7 online rental and payment capabilities, providing a convenient experience for tenants while reducing day-to-day management demands. Positioned along North Main Street with approximately 24,500 vehicles passing daily, the facility benefits from excellent visibility and accessibility. Nearby residential development continues to support long-term demand for self-storage in the area.

Whether you're looking for dependable cash flow, a property with operational upside, or future redevelopment potential, Classic Storage offers a compelling investment opportunity in a growing Northern Utah market.

Property Highlights

• 127 Storage Units
• Sale Price: $1,295,000
• 16,731 SF Building
• 0.857 Acre Lot
• Approximately 82% Occupied
• Immediate Lease-Up Opportunity
• Fully Fenced with Electronic Gate
• Security Camera System
• 24/7 Online Rentals & Payments
• Strong Main Street Visibility
• Approximately 24,506 AADT
• Minutes from I-15
• Future Development Potential
• Zoned C-2

Investment Highlights

• Current NOI: $80,959
• Pro Forma NOI: $90,188
• Current Cap Rate: 5.90%
• Pro Forma Cap Rate: 6.96%
• Year Built: 1975

Listing Brokerage: Investment Realty Advisors

Marketed by Investment Realty Advisors, LLC

Information deemed reliable but not guaranteed. Owner/Agent.