Investment Overview

Stable Cashflow // Priced at an in-place 6.74 percent cap rate, the buyer will have positive cashflow from day one with the ability to push revenue and capitalize on strong occupancy. Strong Historical Occupancy // The property has consistently held occupancy north of 95 percent and is currently 97 percent occupied. The owners have allocated limited resources to advertising and marketing to maintain occupancy. Management Upside // The property has been managed by an out-of-state owner, with a part-time local employee. The current structure has managed to achieve occupancy without an emphasis on growing revenue. A more sophisticated management strategy should lead to increased returns. Attractive Basis // Bach Storage Center is offered at $72 per net rentable square foot.