Executive Summary

6215 Old Pearsall Rd

2.61 Acres

3-Story Class A Facility w/ Drive-Up

569 Units - 84% Climate Controlled

83,100 SF of Total Leasable Space

$6,881,333 Total Cost of Project

$2,064,400 Total Project Equity

21.06% Cash on Cash Return

6.0% Exit Cap Rate

44.2% Before Tax IRR

Q1 2019 Expected Start Date

3Roadrunner Storage

Q1 2024 Expected Sale Date