Investment Highlights

• 145 Total Units totaling 47,928 rentable square feet. -Enclosed Storage SF: 5,584 -Covered Parking SF: 40,464 -House: 1,880
• Strong Boat & RV Occupancy: Covered, enclosed, and open boat and RV storage is approximately 99% occupied, with lower overall occupancy primarily attributable to smaller portable mini storage units.
• Favorable Market Fundamentals: Located within a 3-mile there is a $81,760 median household income, projected population growth of 6.6%, and 7.96 NRSF per capita, indicating limited existing storage supply relative to population.
• Strategic Joshua Location: Positioned along a well-trafficked road on the west side of Joshua, with multiple residential developments underway within the surrounding 3-mile and 5-mile trade areas, supporting future demand.
• Growing Cash Flow & Attractive Pricing: Trailing 12-month EGI of $160,774 and adjusted NOI of $101,928, with steadily increasing revenue and occupancy.