Driftwood Self Storage

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer qualified investors the opportunity to acquire Driftwood Storage (the “Property”), a state-of-the-art, recently constructed self storage facility in Austin, TX. The Property, consisting of 96,433 square feet across 482 units, was completed in 2021 and is operated by The Jenkins Organization. At approximately 93% physical occupancy, potential investors can acquire a stabilized asset with strong existing cash flow. The asset is located within a highly affluent residential trade area with high barriers to entry and zero competing storage facilities within a 3-mile radius, providing an ideal market that will grant significant pricing power.