American Fork Storage

Highlights:

• Priced to sell — repriced to a level the current numbers support, with the upside left for the buyer
• For Sale By Owner — no listing-agent commission; sharper net price and direct dealing with ownership
• High occupancy — ~95% of rentable units leased
• Two income streams, separable — storage business + a single-family home with independent residential value
• Quantified, low-capital upside — below-market rents + under-rented home + 4 non-leaking units to fill, all achievable without capital work
• Month-to-month storage leases — rapid rent capture
• Turnkey, automated, remote operations — owner-absentee friendly
• Strong, growing submarket with constrained storage supply

Description:

A dual-income real estate opportunity in one of Utah’s fastest-growing submarkets: a 46-unit self-storage facility plus an adjacent 3-bed / 1-bath single-family home, on two contiguous parcels (0.50 acres total) just north of historic Downtown American Fork, minutes from I-15.

The facility runs at 87% paid occupancy (40 of 46 units) and ~95% of rentable units leased. In-place storage rents sit below the American Fork market and the single-family home is rented ~$200/mo under market — a clear, low-capital path to grow NOI from roughly $60K in-place toward ~$66K stabilized. The property is offered for sale by owner (no listing- agent commission) and sold strictly as-is.

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