Updated Sep 15, 2026
PSRS Arranges $6.3 Million Refinance For Self Storage Facility In Provo Utah
1768 Industrial Parkway
$6,300,000
$48/SF
Building Size
130,510 SF
Asset Type
Self Storage
Closing
Sep 11, 2026
About this deal
AI
A self-storage facility located at 1768 Industrial Parkway in Provo, Utah, encompasses 130,510 square feet and consists of 725 units. At the time of closing, the facility was 65% occupied, showcasing its operational status within the market.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $6,300,000
- Loan Type: Refinance
- Broker: William DeFanti - PSRS
- Market: Provo, UT
The refinancing was arranged by PSRS to facilitate funding for the self-storage property, reflecting the ongoing demand and operational needs of the asset within the Provo market.
On the Map
$6,300,000
$48/SF
Self Storage
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Brady Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93