CLIMATECONTROLLED MINISTORAGE250 SADDLERIDGEBESSEMER, AL 35023

Alex KyriazisAssociate Advisor251.591.9390alex.kyriazis@svn.com

Gayle Belcher, CCIM, CPMManaging Director205.369.3600gayle.belcher@svn.com

SVN | KAHN PROPERTIES | 3600 CLAIRMONT AVE S, BIRMINGHAM, AL 35222 SALE BROCHURE

OFFERING SUMMARY

Sale Price: $975,000 Located close to the new Amazon Fulfillment Center providing 1,500 new jobs. The facility is climate controlled and ADSsystem shuts down automatically at 8:30 P.M and reopens at 7 A.M. Customers can get access to units through theProperty Manager.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Climate Controlled

• Security Access/Locked between 8:30 P.M. and 7 A.M.

• Clean and Updated

Property Summary

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Additional Photos

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Location Maps

Saddleridge Climate Controlled Mini Storage

250 Saddleridge Drive

Hueytown, Al 35023

# Units Size Monthly/Unit Monthly/Unit Size Annual

5 5 X 5 45.00$ 225.00$ 2,700.00$

16 5 X 10 60.00$ 960.00$ 11,520.00$

12 10 X 5 60.00$ 720.00$ 8,640.00$

33 10 X 10 85.00$ 2,805.00$ 33,660.00$

8 10 X15 115.00$ 920.00$ 11,040.00$

16 10 X 20 155.00$ 2,480.00$ 29,760.00$

2 15 X 10 115.00$ 230.00$ 2,760.00$

3 15 X 15 180.00$ 540.00$ 6,480.00$

1 15 X 20 180.00$ 180.00$ 2,160.00$

1 20 X 15 190.00$ 190.00$ 2,280.00$

1 20 X 20 200.00$ 200.00$ 2,400.00$

98 1,385.00$ 9,450.00$ 113,400.00$

UNIT BREAKDOWN

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

PDF With Header/Footer

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

INVESTMENT OVERVIEWBASED ON CURRENT INCOME AT 83%

OCCUPANCY 95% OCCUPIED PROFORMA

Price $975,000 $975,000Price per SF $48.75 $48.75CAP Rate 6.9% 8.0%Cash-on-Cash Return (yr 1) 9.96 % 14.09 %Total Return (yr 1) $31,997 $38,991Debt Coverage Ratio 1.41 1.55

OPERATING DATABASED ON CURRENT INCOME AT 83%

OCCUPANCY 95% OCCUPIED PROFORMA

Gross Scheduled Income $96,840 $113,400Other Income - -Total Scheduled Income $96,840 $113,400Vacancy Cost $0 $5,670Gross Income $96,840 $107,730Operating Expenses $30,000 $30,000Net Operating Income $66,840 $77,730Pre-Tax Cash Flow $19,414 $27,483

FINANCING DATABASED ON CURRENT INCOME AT 83%

OCCUPANCY 95% OCCUPIED PROFORMA

Down Payment $195,000 $195,000Loan Amount $780,000 $780,000Debt Service $47,426 $50,247Debt Service Monthly $3,952 $4,187Principal Reduction (yr 1) $12,583 $11,508

Financial Summary

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

POPULATION 1 MILE 3 MILES 5 MILES

Total population 3,417 23,415 49,770

Median age 40.2 41.0 40.2

Median age (Male) 38.9 39.2 38.5

Median age (Female) 41.5 42.7 41.9

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 1,482 9,335 19,592

# of persons per HH 2.3 2.5 2.5

Average HH income $48,535 $57,903 $53,904

Average house value $123,357 $117,196

* Demographic data derived from 2010 US Census

Demographics Map

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Retailer Map

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

ALEX KYRIAZIS

Associate Advisor

alex.kyriazis@svn.comDirect: 251.591.9390 | Cell: 251.591.9390

PROFESSIONAL BACKGROUND

Alex joined the SVN team in the Summer of 2018. He graduated the University of Alabama with a degree in Finance and a specialization in Real Estate. He brings a good workethic to this SVN team with much knowledge in the MultiFamily area of Commercial Real Estate, as well as the Office, Retail, and Industrial fields. In his spare time, he enjoyshanging out with his friends and his girlfriend, watching Alabama Football and Basketball, and being outdoors. When it comes to tenant representation, finding a buyer for aproperty, or helping list a property, he is more than willing and able to satisfy your Investment and Real Estate needs in the most professional and productive mannerpossible.

SVN | KAHN PROPERTIES3600 Clairmont Ave SBirmingham, AL 35222

205.933.7788

Advisor Bio 1

CLIMATE CONTROLLED MINI STORAGE | 250 SADDLERIDGE BESSEMER, AL 35023 SVN | Kahn Properties | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

AL #26622-0

GAYLE BELCHER, CCIM, CPM

Managing Director

gayle.belcher@svn.comDirect: 205.369.3600 | Cell: 205.369.3600

PROFESSIONAL BACKGROUND

Gayle Kahn Belcher has owned and operated a successful Property Management business since 1983. She has direct experience in managing Multifamily and CommercialProperties. Gayle also has experience in both the renovation of buildings as well as development from the ground up.

Gayle has also represented both Buyers and Sellers in the Sale of Investment Properties. The Investment Properties have been Assets in the Office, Multifamily, Retail andSpecialty Asset Classes. She is especially helpful in helping clients value their asset of choice.

Gayle is available to assist you in all your real estate needs including Investment Sales of Multifamily Properties, Office Buildings, Restaurants, Retail Shopping Centers,Tenant Representation and Landlord Representation.

EDUCATION

University of AlabamaBS Degree in Business

MEMBERSHIPS

CCIMCPMBCRC Director (Birmingham Commercial Real Estate Council)CREW BirminghamIREM President 1994 Local Chapter #43

SVN | KAHN PROPERTIES3600 Clairmont Ave SBirmingham, AL 35222

205.933.7788

Advisor Bio 2