GNG/Spartan Self-Storage Portfolio
Investment Opportunity

Stabilized assets with attractive in-place yield
Priced below replacement cost
Well-positioned assets within their local markets
Upside available through revenue management and aggressive tenant insurance program
Proven remote management success

The storage portfolio offering is a 41,500 rentable square foot (including parking) value-add portfolio consisting of two (2) properties and located in Elgin and Verden Oklahoma. The assets are remotely managed facilities providing an attractive amount of scale for a tertiary market opportunity with relatively no REIT or national 3rd party manager presence. The cumulative parcels measure a combined 3.24 acres.

The opportunity provides further upside through a combination of realistic strategies:

• Effective tenant insurance sales strategy (sold less than $1,000 total for the trailing 6 month/forward 6 month analysis).

• Value-add upside through revenue management. Considering the immediate scale, price per SF below replacement cost, attractive in-place yield with realistic room for improvement, high barriers to entry based on low market rental rates comparative to construction costs, this is a compelling value-add portfolio.

Considering the immediate scale, price per SF below replacement cost, attractive in-place yield with realistic room for improvement, high barriers to entry based on market rental rates and construction costs, this is a compelling value-add portfolio.

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