Deal Highlights
• Extremely High Barrier to Entry Market With Only 5.32 NRSF Per Capita in the 5-Mile Radius
• A 2023 Zoning Ordinance Effectively and Permanently Banned Future Development of Self-Storage Facilities Within City Limits
• Facility Has Shown Excellent Lease-Up Trajectory, Achieving a Physical Occupancy by Area of 83% in Just 21 Months
• Phenomenal Location in a Densely Populated Market, With Over 365,000 People in the 5-Mile Radius
• Ability To Grow Rates Over 22% Following Physical Stabilization To Meet the Market
*Lead broker information is located within the offering memorandum.
Listed By: Jennifer Stein Real Estate, Inc. RI RE Lic # REC.0018233
