Portfolio-wide occupancy over 93% across 907 units and ±116,831 net rentable SF

Opportunity to purchase the portfolio at an attractive basis considering the amount of climate-controlled units

Fully stabilized portfolio despite spending little to no money on advertising

Opportunity to improve economic occupancy and drive rental rates

Dayton location is the only climate-controlled facility within 22 miles of that market staying economically and physically full over 89%

Very attractive returns projected, with 5-year levered IRR at 21%

Going-in cap rate of 6.85% based on T-12 NOI with upside still remaining