Investment Overview

The Delaney Self-Storage Group of Marcus & Millichap is pleased to present the Storage World Portfolio located in Northwest Arkansas. This portfolio is comprised of two class "A" newly constructed facilities in Rogers and Springdale, Arkansas. The Rogers location phase I was completed in June 2021 with a phase II expansion underway. The site currently offers a mix of climate and non-climate-controlled units and a 10,000 SF industrial warehouse plus an apartment. Phase II has begun and is to be completed by late-summer 2023. Upon completion the phase II expansion will add 241 non-climate RV and boat storage bays. The site currently has 92,775 NRSF and will have 216,275 NRSF once phase II is completed. The Springdale location is currently under construction and will be delivered at certificate of occupancy, with an anticipated delivery date of late-summer 2023. Upon completion the site will have 204,830 NRSF in a mix of climate and non-climate-controlled units, RV and boat storage bays with additional flex and warehouse space. The Storage World Portfolio is located in Northwest Arkansas, which boasts a robust economy and strong demographics. The Northwest Arkansas area has seen notable growth and diversification of its economy partly due to being the hub for three Fortune 500 companies - Walmart, Tyson Foods and J.B. Hunt. Both Rogers and Springdale have seen recent population booms and continued growth and development is projected. The Storage World Portfolio allows new ownership to increase revenue from various angles, such as streamlining operations and implementing third-party management. This offering is optimal for investors looking to acquire premier, class "A" facilities and expand into a rapidly growing marketplace.