Investment Overview

LOCATION & SUPPLY // The three-mile trade area features only 6.40 square feet of self-storage per capita, with only one project in planning in the trade area, this represents one of the few under supplied markets in Las Vegas. The property is adjacent to the Twin Lakes Country Club Community and the historic Las Vegas Golf Club, Clark County’s oldest course. PRIME CANDIDATE FOR REMOTE OPERATIONS // 24-7 Automated Storage is well-positioned for remote or hybrid management, offering immediate operational efficiencies for an owner with existing Las Vegas presence. Transitioning to a reduced on-site staffing model presents a clear path to improving margins and enhancing day-one cash flow. HIGHLY VISIBLE // 24-7 Automated Storage is on Vegas Drive, with exposure to over 9,300 vehicles per day, and just off Rancho Drive with traffic counts over 43,500 vehicles per day. The property also has prominent signage and great curb appeal. STABILIZING OCCUPANCY WITH NEAR-TERM UPSIDE // The facility is currently 84 percent occupied despite ongoing site improvements and unit repositioning to comply with city requirements. With construction nearing completion, the property is well-positioned to drive occupancy gains and rental rate growth as operations normalize. DEMOGRAPHICS // Over 172,000 residents live within a three-mile radius, with population projected to grow approximately two percent over the next five years. The area includes more than 61,000 households with average incomes near $73,000.