Self Storage Property

Freeway Visible

• U-haul Self Storage located in the near eastern suburbs of Cleveland is located within a mixed commercial and residential market with good I-90 visibility and access.
• The local retail, office and multi-family sub market within which this facility is located is depressed as measured by all standards in the commercial real estate industry.

Infill Location

• Within a one mile and 5 minute drive time radius of U-haul Self Storage, the consumer Self Storage market is oversaturated, yet the sub market is still achieving an average of 94% occupancy in all comparable facilities.
• Abundant storage and Climate Controlled Units are one of the best amenities with this property. It's extremely well run and one of the nicest self storage facilities in the County.
• Within a one mile and 5 minute drive time radius of U-haul Self Storage, the consumer Self Storage market is oversaturated, yet the sub market is still achieving an average of 94% occupancy in all comparable facilities.

Strong Demographics

• The local retail, office and multi-family sub market within which this facility is located is depressed as measured by all standards in the commercial real estate industry.
• Within a one mile and 5 minute drive time radius of U-haul Self Storage, the consumer Self Storage market is oversaturated, yet the sub market is still achieving an average of 94% occupancy in all comparable facilities.

Upside Potential

• Self Storage located in the near eastern suburbs of Cleveland is located within a mixed commercial and residential market with good I-90 visibility and access.
• Rents are below market by 15% on average. The Cap Rate would change by 100 basis points when rents are increased.
• Within a one mile and 5 minute drive time radius of U-haul Self Storage, the consumer Self Storage market is oversaturated, yet the sub market is still achieving an average of 94% occupancy in all comparable facilities.

Extra Large Parcel

• Our Newport storage units are climate-controlled with drive-up access available. If you want access to your storage unit at any time, we are the perfect facility for you . We are a 24-hour access facility and under constant surveillance with 24-hour cameras.

Location Summary

• Airport Self Storage is in Newport Beach, California. We are conveniently located behind the John Wayne Airport. We serve Costa Mesa, Irvine, Fountain Valley, Laguna Beach, Huntington Beach, Santa Ana and Newport Beach.
• U-haul Self Storage located in the near eastern suburbs of Cleveland is located within a mixed commercial and residential market with good I-90 visibility and access. The local retail, office and multi-family sub market within which this facility is located is depressed as measured by all standards in the commercial real estate industry. Within a one mile and 5 minute drive time radius of U-haul Self Storage, the consumer Self Storage market is oversaturated, yet the sub market is still achieving an average of 94% occupancy in all comparable facilities.

Extra Large Parcel

• Our Newport storage units are climate-controlled with drive-up access available. If you want access to your storage unit at any time, we are the perfect facility for you . We are a 24-hour access facility and under constant surveillance with 24-hour cameras.
• This self-storage facility has a forced air HVAC system and a detached three car garage. The lush grounds are complete with varies trees, grass, and water fountain. The rear yard is closed off by a newly painted snake fence, which makes it dog-friendly.
• The 2nd parcel (colored Blue in maps) has two dwellings; One with 3 beds, 2 baths & the other with a 3 bed, 1 bath home with covered parking for 4 vehicles. This parcel has several horse amenities, such as four barns, a horse break-in and boarding facility.