AC Self Storage is Engaged to Manage 66,293 Square Foot American Mini Self Storage in Las Vegas, NV
CARLSBAD, CA. (August 8, 2014) AC Self Storage Solutions, LLC, with offices in Carlsbad and Newport Beach, CA has been engaged to manage the American Mini Self Storage project in Las Vegas, NV. This is the eighth investor group from a previous syndicator to engage AC Self Storage Solutions.
The Las Vegas asset is located at 6380 Annie Oakley Drive, Las Vegas, and encompasses 66,293 square feet, and 653 units, with climate-controlled units and RV parking spaces.
AC Asset Management, LLC (ACAM), a subsidiary of AC Self Storage Solutions, LLC, (ACSSS), has transitioned the project and is implementing its strategic plan for the project to improve its occupancy and related overall performance.
The owners engaged ACAM to correct recent underperformance, stabilize the property, and enhance profitability and value. It was also critical to provide full transparency of operational results with investors which ACAM implements through monthly, quarterly and annual reporting along with 24/7 access to our investor portal.
“The property should improve its performance at all levels with a new and more focused management team. This effort will include repairing all deferred maintenance, stronger on-site personnel and revenue management. Our implementation of the project’s strategy will allow us to reach all of the objectives defined by the owners“, said Troy Downing, Chief Executive Officer of AC Self Storage Solutions, LLC. “There were a lot of moving parts in transitioning the project. We can now move forward to put our management practices in place”.
About AC Self Storage Solutions AC Self Storage Solutions, LLC (“AC SSS”) has offices in Carlsbad, CA and Newport Beach, CA. AC SSS is an owner, operator and manager of Self Storage commercial real estate across the United States. In addition to acquisitions, AC SSS also offers asset management services and has over a million square feet of Self Storage under management.