Keep It U-Lock Storage – Cedar Lake, IN

Deal Highlights

• Opportunity to Acquire an Established Self-Storage Facility with Substantial Upsides to Continue Adding Value Within Cedar Lake, Indiana

• Increase Physical and Economic Occupancies via Implementing Professional Third-Party Management

• Introduction of a Tenant Insurance Sales Program to Further Generate Revenue

• Expansion and Reconfiguration Potential Across the Facility

• Expansion of the Facility Yields 25,875 NRSF of Climate-Controlled Storage on U.S. Highway 41’s Frontage for an Estimated $272,464 in Net Operating Income

• Reconfiguration of the Lot Yields 50 Parking Spaces, Totaling $63,000 in Additional Gross Potential Rental Income

• Adjacent to the Lakeview Business Park, a 33-Acre, 17-Lot Development • Five-Mile Existing Storage Supply of 5.17 SF/Capita, Paired with a Median Household Income of Over $96,000

• Flourishing Area as Denoted by a One-Mile Population Growth Rate of 3.59 Percent and a 3-Mile Population Grown Rate of 1.57 Percent

• Cedar Lake is a Suburb of the Chicago Metropolitan Area, Offering Residents a Family-Friendly Environment with High-Rated Schools and a High Quality of Living Outside of the City