Opportunity

A joint-venture development located in Rocklin, CA, a northern suburb of Sacramento, CA. Property fully climate controlled, and managed by ExtraSpace Storage, a nationally recognized self-storage manager. The property is located in a densely developed single family home neighborhood with little available land for competitive self-storage supply in the future. In February 2024, Park Drive Self-Storage was sold generating a 17.1% IRR and an Equity Multiple of 1.9 to 1.