Investment Overview

INVESTMENT OVERVIEW Marcus & Millichap is pleased to exclusively offer Alligator & Carbondale Self Storage Portfolio, a 5-property portfolio located in both the STL MSA of Illinois and Southern Illinois. The portfolio consists of 951 non-climate units, 56 climate-controlled units, 30 enclosed parking and 24 open parking spaces for a total of 1,016 units within 118,645 rentable square feet over a total of 18.31 acres. The portfolio is currently managed by 3rd party storage management and utilizes StorEdge management software on all properties. Alligator Belleville Alligator Belleville includes 117 non-climate controlled units, 30 enclosed parking spaces and 24 open parking spaces for a total of 171 units over 20,282 square feet on approximately 8.01 total acres. The property is completely fenced and gated and includes a professional manager’s office. Recent updates include added security cameras (2023), updated gate access controls, office remodel, new signage, and property surface rock fill. Located 24 miles east of downtown St. Louis, Alligator Belleville is solidly positioned in the St. Louis MSA and is 3 miles south of Scott Air Force Base, an active US Air Force base since 1948 which currently employees over 13,000. As of February 2024, current physical occupancy was 77%. Alligator Carbondale Alligator Carbondale includes 497 non-climate controlled units and 56 climate controlled units for a total of 553 units over 51,900 square feet on 5.31 acres. The property is completely fenced and gated and includes professional manager’s office. Recent updates include new gate and keypad access controls (February 2022), LED lighting to entire property (February 2023) and new security cameras (June 2023). All three parcels included with Alligator Carbondale are in an opportunity zone. As of February 2024, Alligator Carbondale was 72% physically occupied. Carbondale Self Storage Carbondale Self Storage is a trio of three separate properties managed as one entity. Carbondale Self Storage at 710 East Main offers 131 non climate controlled units over 13,365 square feet on 1.45 acres. Amenities include manager’s office and total perimeter fencing with gate. Recent improvements include replaced Janus doors (April 2023), all buildings painted (September 2021), new metal roofs on all buildings (July 2021), new perimeter fence (2021), new security cameras (2023), new gate installed (2023), LED wall packs (2023). Carbondale Self Storage 710 East Main is visible from busy Main Street, surrounded by restaurants and retail and is within .3 miles of nationally knows Starbucks, Sonic and Panera Bread. As of February 2024, East Main was 78% occupied. Positioned within a mile from 710, East Main, 707 East College includes 10 non-climate controlled units over 10,092 square feet over 2.43 acres. This facility includes a professional manager’s office. Recent updates include all buildings and doors painted (2021) and new security cameras (2023). Carbondale 707 East College is surrounded by residential housing and is within one mile of Southern Illinois University Carbondale with current total enrollment over 11,000. Both parcels included with 707 East College are in an opportunity zone. As of February 2024, physical occupancy at 707 East College was 63% physically occupied. Built in 1996, Carbondale Self Storage at 1535 North Reed Station includes 106 non-climate controlled units over 13,700 square feet on .93 acres. This property is entirely fenced and includes manager’s office. Recent updates include new signage (2021), all buildings and doors painted (2021), new perimeter fence (2021), new security camera (2023), new facility rock lay (2023) and LED lighting throughout (2022). Visible from Highway 13, a main artery connecting Carbondale and sister city Marion, 1535 North Reed is within walking distance residential, commercial, and retail properties. As of February 2024, North Reed Station is at 62% physical occupancy.