investment highlights – Adelanto
- BEST-IN-CLASS FEATURES // Modern and oversized leasing office, drive up non-climate storage options for tenants, security cameras, concrete drive aisles, and keypad access and electronic gate.
- DESIRABLE LAYOUT AND UNIT MIX // First floor access across the entirety of the facility that offers standard drive-up storage as well as surface and canopy parking.
- HIGH OCCUPANCY // The facility has a strong history of high occupancy and is currently sitting at 99 percent physical occupancy.
- UPSIDE POTENTIAL // Increasing revenue through rent price increases. Rates are 24 percent below the market average.
investment highlights – Mojave
- IMMEDIATE ADDITIONAL REVENUE STREAM // There are 24,500 square feet of open space that would be ideal for RV & Boat storage.
- ROOM FOR EXPANSION // 15,135 feet of 44,431 feet currently used.
- 87.4 PERCENT PHYSICAL OCCUPANCY // Low physical occupancy, strong opportunity to increase income through strong property management.
- UPSIDE POTENTIAL // Increasing revenue through rent price increases. Asset is void of competition.