Services - Storage & Warehousing

Asking Price	$1,300,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1992
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Lock-Up Self Storage (Omak) 748 East Riverside, Omak, WA 98841 is located along the eastern side of state Hwy 97 which is the major commercial corridor, linking Okanagan County from Wenatchee to Canada. The site is located in the core of Omak WA near Wal-Mart and has visibility along the Highway and Riverside Drive a major arterial in Omak, which provides the facility with great visibility and a large market exposure. Lock-Up Self Storage (Omak) currently consists of 7 buildings (Steel Framed & Block) totaling 175 units With 15,552 square feet of rentable space situated on a +/-43,560 SQFT site. Lock-Up Self Storage (Omak) has +/- 5,000 square feet of adjoining property for future expansion (see Proposed Expansion Site Plan). Great upside potential. Lock-Up Self Storage (Tonasket) 31832 Highway 97, Tonasket 98855 is located along the eastern side of state Hwy 97 which is the major commercial corridor, linking Okanagan county from Wenatchee to Canada. The site is located just north of Tonasket WA and has visibility along the Highway, which provides the facility with great visibility and a large market exposure. Lock-Up Self Storage (Tonasket) currently consists of 5 buildings totaling 74 units With 8,447 square feet of rentable space situated on a +/-2.6 acres site which allows for approximate (1) acre of expansion capability. Inclusive to the property is a two bed/one bath home suitable for a managers living quarters, with a an additional 40 X 60 Shop and Apartment. Lock-Up Self Storage (Tonasket) has +/- 43,000 square feet of adjoining property for future expansion. Which creates phenomenal upside on this site.

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Facilities: 2 Property Portfolio: Lock-Up Self Storage (Omak, WA & Tonasket, WA) Omak, WA is being offered to the investor at $900,000 cash or seller financing. The seller would be interested in Seller Financing, terms to be determined. This investment would be a 9.6% cap rate based upon the Actual Annual Income and Expenses. Tonasket, WA is a well-managed stabilized investment at $400,000 cash or new seller financing. Tonasket Storage has an historical high occupancy level with a House, Apartment and Shop with approximately 1 acre of expansion land.

Competition: Lock-Up Self Storage benefits from a large supportive rural community. The marketing population is a 3 to 5 mile radius surrounding the property which has steadily increased over the previous years due to the Northwest s movement to the rural areas.

Growth/Expansion: Omak benefits from a large supportive rural community. The marketing population is a 3 to 5 mile radius surrounding the property which has steadily increased over the previous years due to the Northwest s movement to the rural areas. Tonasket benefits from a large supportive rural community with a very limited competition. The marketing population is a 10 to 25-mile radius surrounding the property.

Financing: Owner Financing Available!