Investment Overview

CERTIFICATE OF OCCUPANCY OPPORTUNITY // The property was acquired in 2024 and has been undergoing complete renovation to create student-focused smaller units and upgrade the facility. Upon completion, the property will feature 361 temperature-controlled and 119 drive-up units. PROXIMITY TO UNIVERSITIES // Provo Mini Storage is nearby both Brigham Young University (BYU) and Utah Valley University (UVU). The property is 2.4 miles and less than a 10-minute drive from BYU which has an enrollment of 35,743, and 7.4 miles and 12 minutes from UVU which has an enrollment of 46,809, making it the largest university in the state. STRONG POPULATION // Within the three-mile trade area of the property is a population of 99,764 with an expected growth of five percent over next five years. HIGH RENT PER SQUARE FOOT UNITS // Provo Mini Storage has an average of 50 square feet per unit. The average rent for a 5x10 non-climate in the trade area is $1.89/SF and $2.61/SF for climate-controlled (As of May 9th, 2025).