EMERALD CITY STORAGE AND LAUNDRY

INVESTMENT HIGHLIGHTS

• Severely Below Market Rates – Opportunity to increase rents as the current rents are between 40% and 51% below the average market rents.
• Real Estate Diversification – Opportunity to purchase 4 diverse and established streams of real estate income. Including a high physical occupancy (91%) storage facility, a stabilized and recently upgraded laundry and dry-cleaning business, office and warehouse space that will be sale lease-backed by the owner, and an apartment unit with a tenant in place, and all underlying real estate.
• Storage Expansion – Readily available opportunity to expand storage by ±10,000 SF.
• Strong Market Growth – Located just north of Boston in a rapidly growing suburb, following trends of urban outflow into New England suburbs.
• Additional Storage Revenue Streams – The New owner can implement admin fees and tenant insurance to increase overall revenue produced.