Overview
Rockies Portfolio - Operational Value-Add in Proven Front Range Corridors
The RockiesPortfolio consists of two self-storage assets totaling 98,675 NRSF (776 units) located along Colorado’s I-25 corridor in Castle Rock and Colorado Springs.
Both submarkets are supply-constrained with competing facilities consistently maintaining 90%+ occupancy, supported by strong population growth and, in Castle Rock, a $165k+ median household income base.
Current Performance vs. Market
The portfolio is currently operating at approximately 81% occupancy, below market levels. This variance is not driven by demand, but by prior ownership’s limited operational infrastructure.
Identified Operational Gaps
Execution Plan
Operations have been transitioned to institutional platforms with defined roles:
Business Plan
The strategy is focused on:
Investment Thesis
This is an execution-driven opportunity within established, high-demand corridors where market fundamentals are already proven. The primary value creation lever is operational improvement, not speculative growth.
Accepted Investors
Accredited
Raise Close Date
Evergreen
Regulation Type
506C
Deal Type
Syndication
Asset Location(s)
Colorado
Asset Class(es)
Storage