Immediate in-place yield at closing with significant upside given current occupancy
Substantial room to push rental rates upon stabilization
Chester, SC locations are the only storage facilities in the market. Zero competitors within a 5-mile radius
Capability to 3x current tenant insurance revenue being collected
Opportunity to acquire this at an attractive basis with returns well into the 9%+ range
Kings Mountain location only has 6.14 square feet per capita in a 5-mile radius plus 1.20% annual population growth projected in the coming years
112 Columbia St location consists of a 10,514 square foot vacant building located in a historical district presenting opportunity to rent that space or convert to self-storage