JUST LISTED
CubeSmart (Managed)
Oak Forest, IL
DEAL SUMMARY
List Price: Market Bid
NRSF: 84,667
Units: 834
330 upper climate-controlled units
429 lower climate- controlled units
8 office spaces
67 parking spaces
Acres: 7.12
INVESTMENT HIGHLIGHTS
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Excellent Opportunity to Acquire a Stabilized Storage Asset with a Significant Market Footprint in a Thriving Division of the Chicago MSA
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Eight Years Remaining of Class 8 Tax Abatement with High Probability of Renewal
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Capitalize on 2.5 Acres of Expansion Potential in the Rear of the Parcel
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Strong Average Household Income Exceeding $80,000 Annually
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Capitalize by Raising Rental Rates to Meet the Comparable Average
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High-Barrier-to-Entry Market will Ensure Success for Years to Come
Listed in Cooperation with Cushman & Wakefield U.S, Inc (Broker of Record)