Investment Overview

LOCATION & SUPPLY // The three-mile trade area features only 6.40 square feet of self-storage per capita. The property is adjacent to the Twin Lakes Country Club Community and the historic Las Vegas Golf Club, Clark County’s oldest course. HIGHLY VISIBLE // 24-7 Automated Storage is on Vegas Drive, which serves over 9,300 vehicles per day, and just off Rancho Drive which serves over 43,500 vehicles per day. The property also has prominent signage and great curb appeal. OCCUPANCY UPSIDE // Management recently performed a large-scale auction to remove non-paying tenants, as of July 31st the property is 75 percent occupied, creating more vacancies at the property than historical averages. This will allow a new owner to capitalize on new higher paying tenants. DEMOGRAPHICS // 165,134 people live in a three-mile radius, with the population expected to grow four percent over the next five years. There are over 61,000 households with an average income of just under $63,000.