YourSpace American Self Storage OZ
YourSpace America QOF I, LLC (“YourSpace”) is a ~$27 million project that will initially invest in 1,225 self-storage units within a Qualified Opportunity Zone in Phoenix, AZ. The new facility will be a state-of-the-art Generation V self-storage facility of institutional quality. The subject property in addition to being climate controlled, will offer a state-of-the-art security system that is professionally monitored for immediate video verification of the alarm and priority police response to any unauthorized intrusion. Groundbreaking is expected to occur in Q4 2023. YourSpace will be a 4-floor facility with 168,599 square feet of storage units.
Self-Storage has become one of the most desirable commercial real estate investments in America. Indeed, it has evolved into a core asset class for institutional investors, in large part due to its unmatched performance. It is regarded as a safe harbor investment. For the past 28 years, self-storage was the top performing property type in the NAREIT index, with average annual returns of 18.83% for the period from 1994-2021. Self-storage outperformed the Office, Industrial, Retail, Residential, Diversified, Health Care, Lodging/Resorts, Mortgage REIT, Timber, Infrastructure, Data Centers, and Specialty sectors. A recent survey by StorageCafe found that 38 percent of Americans reported being self-storage users in 2021. Breaking it down by generation, Gen Xers (54 percent) and baby boomers (51 percent) are the most likely to be self-storage users, but Millennials are starting to show a heightened interest, with 41 percent now declaring themselves to be users of the service.
Mr. Russ Colvin | CEO/President
999 Corporate Drive
Ladera Ranch, California 92694
The content on this Page was provided by the Sponsor. Ozone Capital LLC is not responsible for any misrepresentations or omissions and makes no warranties to the accuracy of such information and accepts no liability. This page represents a summary of the Fund and the complete information on the Offering is contained within the Private Placement Memorandum, Operating Agreement and Subscription Agreement. Ozone Capital is not a registered broker-dealer nor a registered investment adviser. The information on this Page should not be considered investment advice or a solicitation of or an offer to buy any security. These products may not be suitable for all investors. Please consult your legal, financial and/or tax advisors to determine how this information may apply to your own situation. Whether any planned tax result is realized by you depends on the specific facts of your own situation at the time your tax return is filed. Ozone Capital LLC does not endorse this Fund, or any Fund listed on this site. We do seek advertising and listing fees from Sponsors. Ozone Capital LLC also seeks fees for providing due diligence on private placements.