This is an value added property with fantastic upside potential. The reason: (1) 2.4 acres are available for development, (2) The rents are approximately 30% below market, and (3) Opportunity to increase value through professional property management.

Location Description:

Westwood Self-Storage is on Westfield Drive and is approximately one block off W. Military Drive which, as of 2005, had a daily traffic count of 25,000+. Military Drive is a major artery from Lackland Air Force Base to communities to the North and crosses US Highway 90 approximately 1000 feet to the South of Westfield Drive. Lackland AFB and Wofford Hall Medical (USAF) is approximately one mile south of the property on Military Drive

Highlights:

>> Great Value Added Property

>> 2.4 Vacant Acres Available for Development

>> Fantastic Access and Visibility

>> High Traffic Count with Over 25,000 Daily

>> Surrounding Businesses Attract Self Storage

Sales Info:

>> Cap rate: 11.6%

>> Commision split: 6.0%

>> NOI: $92199.0