Overview
Cedar Creek Capital™ is pleased to present Storelocal Storage® - Walla Walla, located at 2548 E Isaacs Ave. in Walla Walla, WA. This facility was recently built in 2024 by a local developer. This beautiful facility fits our buy box perfectly, and is also located within a 200 mile radius of six (6) other facilities owned and operated by Cedar Creek Capital™. This acquisition represents a compelling value-add opportunity. With conservative leverage and an extended Interest Only period, we are well-positioned to unlock its full potential. Our operational strategy focuses on stabilizing the asset’s occupancy and maximizing its revenue through the implementation of data-driven ECRI’s (existing customer rental increases) utilizing the best of today’s technology and AI-driven strategies. Our unique, class-leading management approach combines the best of today’s software and hardware, defining the customer rental experience, leading to the elimination of unnecessary steps in the rental and move-in process. These implementations result in the elimination of multiple unnecessary on-site costs and expenses and lead to higher occupancy and better in-place rates (ie. better NOI), resulting in dramatically increased asset value and tenant lifetime value.
Accepted Investors
Accredited
Raise Close Date
6/1/2025
Regulation Type
506C
Deal Type
Syndication
Asset Location(s)
Washington
Asset Class(es)
Storage