Investment Overview

BEST IN MARKET FACILITY // In 2023, the Tennsco property was expanded adding approximately 35,000 net rentable square feet and 241 units. The property has been meticulously maintained and features gated access, security lighting, cameras, and professional management. STRONG POPULATION GROWTH // Within a short commute of Nashville, Dickson has seen strong population growth and is expected to grow another 7.90% over the next five years. LEASE UP OPPORTUNITY // The facility has continued lease-up without dramatically cutting rates. A more aggressive rate strategy should spark leasing activity, allowing the new owner to push occupancy and then rates. LIMITED CLIMATE CONTROL SUPPLY // Dickson Tennsco is one of only three properties in the entire market. Current rates are matching the top of the market offering climate-controlled units, and with increasing demand we expect these rates to grow.