Holly Hill Self Storage

Deal Highlights

• Upside Potential to Convert Indoor Non-Climate Units to Climate Controlled Units, Increase those Rates by 32 Percent
• Ability to Increase Rental Rates on Current Units by 5 Percent to Reach Market Levels
• Opportunity to Implement a Tenant Insurance Program to Further Generate Income
• Facility Can be Expanded by at Least Two Stories
• No New Self-Storage Developments Planned Within a Three-Mile Radius, Allowing for the Facility to Operate with Market Dominance
• Very Strong Supply Numbers of 2.64 NRSF Per Person in a Three-Mile Radius
• Above Average Median Household Income at $109,091 in a Five-Mile Radius
• Dense Market with 326,026 People in a Five-Mile Radius
• New North Hill Multifamily Development with 279 Multifamily Homes and 195 Townhouses Under Construction Across the Street