Snoqualmie Ridge Storage

Deal Highlights

• Fully Stabilized Mom and Pop Managed Property – No Rate Increases or Late Fees Implemented Since Pre Pandemic (30% Under Market Rates)

• Ability To Immediately add Tenant Insurance Across the Entire Property

• All Heated Units Featuring Drive Up With In-Floor Heating and Indoor Climate

• Expansion Potential of 21K NRSF Shovel Ready (Sub 5 Supply Per Capita)

• Median HH Income at 200k Supporting Immediate Rent Growth and Tenant Insurance

• Strict Zoning Restrictions in King County for Any New Self Storage Developments

• Amazon and Microsoft HQ within 20 Mile Radius

• Only One Other Self Storage Facility In The 5 Mile Radius With a Recent sale of ($370/SF)