Description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer qualified investors the opportunity to acquire the Seven-Property East Texas Self Storage Portfolio (the “Portfolio”), a strategically assembled collection of cash-flowing self storage assets totaling 250,824 rentable square feet across various East Texas markets. Built from the late 1990s to early 2000s and well-maintained throughout their operational history, these seven facilities offer immediate scale and operational synergies within several high quality East Texas markets, including Longview, Tyler, Carthage, and Wylie.

Currently 69.0% physically leased, the Portfolio generates healthy in-place cash flow while providing substantial upside potential through lease-up efforts and rental rate optimization via existing customer rate increases (ECRIs). The Portfolio’s strategic geographic footprint enables buyers to unlock meaningful operational efficiencies and minimize operating expenses while providing an excellent customer experience. In short, the Portfolio offers investors the compelling opportunity to benefit from immediate income stability and proven market demand while simultaneously capturing operational synergies and value-add potential that will directly enhance NOI performance and overall investment returns.

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Attributes

Building area gross

250,824 sf

Land area gross

20.13 acres

Occupancy

69%

Units

1,472

East Texas Portfolio (7 Properties)

Media

Investment highlights

ATTRACTIVE DISCOUNT TO REPLACEMENT COST

The Portfolio is being offered at pricing that represents a meaningful discount to replacement cost, providing strong downside protection and compelling opportunity to create significant value in several high-quality Texas markets.

COMPELLING IN-PLACE CASH FLOW

Currently 69.0% occupied, the Portfolio is generating healthy in-place cash flow from its existing tenant base while offering meaningful upside potential through strategic lease-up efforts. The substantial occupied portion provides immediate income stability and demonstrates proven market demand, while the remaining 31.0% vacancy represents a clear value-add opportunity to enhance returns through focused marketing, competitive pricing strategies, and operational improvements.

SIGNIFICANT REVENUE UPSIDE

There is significant opportunity to increase income and create strong revenue momentum by optimizing revenue via ECRIs (Existing Customer Rate Increases). In the current self-storage rental rate environment, operators have continued to push healthy revenue gains despite reduced move-in rates through efficient revenue management. In the case of this Offering, there is meaningful room for a new owner to generate considerable revenue momentum across the Portfolio and capture significant upside over the near term.

IMMEDIATE OPERATIONAL SCALE

The Portfolio's concentrated location enables operational efficiencies through consolidated management, shared resources, and economies of scale. Centralized operations, optimized vendor contracts, and reduced overhead create immediate cost synergies that enhance value beyond standalone property performance.

SELF STORAGE - RESILIENT AND DEFENSIVE ASSET CLASS

Self storage consistently outperforms other real estate sectors during economic downturns. Monthly rent adjustability provides inflation and cash flow stability, while historically low delinquency rates strengthen returns. The sector's defensive characteristics and proven resilience across multiple cycles - including record performance during COVID-19 - continue to attract institutional capital.