7 Properties

Each property is specifically chosen to meet NexPoint Storage's criteria of high population areas with strong population growth, above-average household incomes, a high percentage of multifamily housing and low self-storage supple per capita.

Self-Storage

This portfolio contains GenV self-storage properties totaling 498,141 rentable square feet, 4,811 individual units, all in the fourth year or more of lease-up with an average of 93% occupancy rates.

GenV Self-Storage

The term GenV or "Gemeration V" was coined by the NexPoint Storage team as an industry description of newly built, multi-story, climate-controlled, Class-A self-storage facilities located in dense markets throughout the United States.

Professional Management

All properties will be operated by Extra Space Storage, Inc., the second-largest owner and/or operator of self-storage in the US and the largest self-storage management company in the US.

FINANCIAL INFORMATION

XXX,XXX,XXX

Acquisition Cost

XX,XXX,XXX

Loan Amount

XX,XXX,XXX

Offering Size

XXX,XXX

Minimum Investment

Partial Units are available upon request.

XX.XX

Loan to Total Capitalization

Total capitalization includes Sponsor's 2% minimum retained equity interest.

XX.X

Occupancy Rate

As of February XX, 2021

The Properties

Alpharetta Property

686 Units

71,718 Sqft

94% Occupancy Rate

May 2016

Marietta Property

727 Units

66,187 Sqft

91% Occupancy

May 2016

West Doral Property

879  Units

76,665 Sqft

93% Occupancy

August 2016

Brickell Property

808 Units

74,635  Sqft

93% Occupancy Rate

October 2016

Coconut Grove Property

558 Units

51,923 Sqft

96% Occupancy Rate

December 20169

Ocoee Property 

642 Units

97,165 Sqfr

96% Occupancy Rate

June 2016

Fleming Island Property

511 Units

59,848 Sqft

91% Occupancy Rate

August 2016

Meet the Property Manager: Extra Space Storage, Inc.

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owns and/or operates over 1,850 self-storage properties in 43 states, Washington, D.C., and Puerto Rico. The Company’s properties comprise approximately 1,010,000 units and over 585M square feet of rentable storage space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage, and business storage. Extra Space is committed to being the most convenient, secure, and professional storage solution in neighborhoods. And it is this commitment that has allowed Extra Space Storage to become the second-largest owner and/or operator of self-storage stores in the United States.

Professional Managers

State-of-the-Art Secuirty

Variety of Sizes

Variety of Locations

Clean and Well-Lit

Climate-Controlled Units

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