A high-performance self-storage facility transformed through renovation, optimization, and expert management.
Square Feet
Units
%
Occupancy (since July 2025)
Leasing Velocity Since Acquisition
Property Snapshot
| Address: | 1506 Gibson Ave, Ogden, UT |
| Facility Type: | Single-story, drive-up self-storage |
| Deal Type: | Renovation & Lease-Up |
| Year Built: | 2023 (Renovated in 2024) |
| Total Units: | 631 (post-renovation) |
| Total NRSF: | 62,798 sq ft |
| Hold Period: | 3–5 years (until refinance or sale) |
Management Advantage
Why Extra Space Storage?
Utah’s largest self-storage operator (56 locations)
Proven track record in competitive markets
Strengths include:
Sophisticated revenue management
Data-driven pricing
Streamlined leasing operations
Industry-leading customer service
2023 – 2024
Facility Improvements
Unit Mix Redesign and Expansion
Climate-Controlled Storage Expansion
Infrastructure and Site Enhancements
Surface and Exterior Improvements
Post-Renovation Unit Mix
Occupancy Growth Post-Renovation
Revenue Optimization Strategy
Connect with us
Facility Location
Location Overview
Situated at 1506 Gibson Avenue, Ogden, UT 84404 , the MWSS Ogden facility benefits from a prime location that offers excellent accessibility to the growing residential populations in East Ogden . The site’s strategic positioning ensures strong visibility and convenient access for tenants while minimizing competition in the immediate vicinity.
Key Location Highlights:
Proximity to Residential Areas:
The facility is located within a 3-mile radius of a targeted residential area, serving a population of approximately 70,000 residents across 29,000 households. The average household income in the area is $66,000, indicating a stable and growing market demand for self-storage solutions.
Market Density & Demand:
The surrounding trade area has a net rentable square foot (NRSF) per capita of 4.99, demonstrating a healthy balance between supply and demand in the local self-storage market.
Limited New Competition:
There is only one new development planned within the 3-mile radius, offering approximately 18,000 NRSF of storage space. No additional developments are expected to the east of the facility due to current zoning restrictions and high residential demand.
Established Competition:
The competitive landscape around MWSS Ogden includes:
- Extra Space Storage: Located 3 miles away.
- U-Haul Storage: Situated 2.8 miles from the facility.
