Deal Highlights
• Opportunity to acquire a well-positioned 2-property portfolio in Bloomington/Normal, IL, operating at 93% physical occupancy across ~60k NRSF.
• The Properties Offer Significant Upside Expansion Potential With The Ability To Raise Rates 10% To Match Market Rates
• Strong Demographics With Average Population 50k (3-Mile) 100k (5 Mile)
• The Submarket Features 9 Square Feet of Storage Supply per Capita in the 3&5-Mile Radius & Strong Demographic Growth in the Surrounding Trade Area, Ensuring a Consistent and Reliable Customer Base in a High-Barrier-to-Entry Market
• This Portfolio Offers Great Synergy Between The 2 Properties Allowing Coupled Management
*Lead broker information is located within the offering memorandum.
Listed By: Jennifer Stein Real Estate, Inc. IL RE Lic # 478.027711
