Two Property Self Storage Portfolio- Junction-City-KS

The two property portfolio is strategically located on Grant Ave in-between the two entrances into Fort Riley which has a population of ±67,000.
Expansion opportunity on the ±3/4 acre of land at the All American Self Storage 552 Grant location.
Strong In-Place Cash Flow with $368,747 of combined NOI and a 7.02% in-place cap rate.
Solid Occupancy Profile with 89% combined physical occupancy and 91% economic occupancy.
Opportunity to lower operational expenses with both facilities being on the same street within walking distance.
Both facilities are fully secured, fenced with automatic gates and have kiosks on site.
Nook-N-Cranny location has 201 non-climate units with a physical occupancy of 97% for a total of ±20,862 NRSF.
All American Storage has 223 non-climate drive-up units with a physical occupancy of 97% and 92 locker style units recently put online with a physical occupancy of 50%. The overall physical occupancy of the property is 84% and ±31,495 NRSF.

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