DEAL SUMMARY

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List Price:   $2,150,000

NRSF:         23,200

Units:          165

Acres:         1.66

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INVESTMENT HIGHLIGHTS

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LOCATION & MARKET //  Situated just of Chapman Hwy, a primary town thoroughfare, the facility benefits from local visibility and proximity to established residential areas,

OPERATIONS & SECURITY // The property maintains high occupancy with achieved rents above gross potential allowing for increased street rate potential. The facility has been upgraded to PDK gate controllers with LiftMaster motor ensuring only paying tenants access units. The largest facility of the portfolio and operated in tandem with the Plaza, Burnett excels at cash flow and with 12 Hikvision cameras routed to on-site internet-enabled NVR, remote monitoring is consistent and reliable. Full LED lighting throughout the facility for tenant safety and security.

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CAPITAL EXPENDITURES & IMPROVEMENTS //  In addition to the new gate controllers, LiftMaster motor, LED lighting, new bollards were installed. Four additional parking spots are ready to support new tenants that are in operations in the field but have not yet been added into software as of the listing date.

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