Deal Highlights
• High-Growth Columbus MSA Portfolio: Opportunity to acquire 180,880 NRSF across 1,112 units in the rapidly growing southeast Columbus MSA, with approximately 2.05% average annual population growth across the portfolio’s 3-mile trade areas
• Significant Lease-Up & Value-Add Opportunity: Mom-and-pop operated portfolio offering approximately 41,000 SF of expansion potential, continued lease-up at two recently expanded facilities, and additional upside through professional management, revenue optimization, and enhanced marketing
• Attractive Supply Fundamentals: Portfolio averages approximately 8.2 SF of storage per capita across the 3-mile trade areas, with Abbie Trails and Fairfield benefiting from particularly low supply of approximately 7.7 SF per capita
• Diverse Unit Mix: Climate-controlled, non-climate-controlled, drive-up, enclosed parking, and uncovered parking provide a broad product offering capable of serving diverse residential and commercial customers
• Strong Residential & Employment Growth: Positioned amid significant southeast Columbus expansion, including nearly 4,800 approved residential units within 2.5 miles of the Gender Road/US-33 facility, an 898,500 SF industrial development expected to create 400+ jobs, and substantial residential development pipelines in Lancaster and Circleville
*Lead broker information is located within the offering memorandum.
Listed By: SkyView Advisors, LLC. OH RE Lic #REC.2024005422
