Investment Overview

The acquisition of this asset will provide an investor with a well-maintained self-storage asset in an undersupplied local market with strong demographics. The subject property features approximately 35,300 net rentable square feet consisting of 223 self-storage units. The property sits on two contiguous parcels totaling 1.74 acres with space for 22 parking space. A+ Self-Storage offers a range of modern amenities including billing and payments via phone app, drive-up accessible storage units, ample lighting throughout the facility, 24-hour video surveillance and electronic gate access. The area surrounding the property has a population density of approximately 5,222 residents within a five-mile radius. A+ Self Storage presents an ideal investment opportunity for those looking to enter the self-storage market in Oregon. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties.