Chapman Storage Portfolio

Opportunity to acquire a three-property self-storage portfolio totaling ±268,081 NRSF, all located within a 3-mile radius in the high-growth Huntsville, AL MSA and currently being operated as two facilities
Over 280 new homes are currently in the pipeline across Scottsboro, highlighted by a 150-unit master-planned community and D.R. Horton 116-unit Jackson Bend project
Zero self-storage developments are currently planned or under construction within a 5-mile radius according to Tract IQ
Immediate opportunity to drive NOI by over $100,000 by implementing a Tenant Insurance program across over 1,700 units
Expanded multiple times between 2017 and 2026, demonstrating consistent historical demand and the market’s ability to absorb additional supply
Listed at a going-in 6.27% cap rate based on T-12 NOI with adjusted property taxes based on current millage rates
Current physical occupancy of 80% across 1,720 units, which consists of 1,419 non-climate units, 81 climate units, and 210 parking spaces

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