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. REVENUE UPSIDE // Management recently reduced rental rates dramatically to drive occupancy, and this effort was successful. Now that units are occupied, a new owner will have the benefit of managing revenue to bring rates back to market, significantly improving the returns of the property. DEMOGRAPHICS // 172,981 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 over $73,000.