Name Purchase Date Purchase Price Current Value Value At Full Occupancy
JB Storage* 06/01/07 $150,000 $325,000 $325,000    (complete)
Industrial Park Mini Storage* 02/04/09 $550,000 $800,000 $800,00      (complete)
A++ Secure Storage* 12/08/10 $625,000 $950,000 $950,000    (complete)
Owosso Storage 6/19/14 $635,000 $1,400,000 $1,400,000 (complete)
Mr Ps Storage 8/26/14 $300,000 $425,000 $500,000
Fairmont Storage 10/8/14 $385,000 $425,000 $585,000
Bellingrath Storage 3/13/15 $210,000 $300,000 $350,000
Action Storage 6/1/15 $1,300,000 $1,700,000 $1,900,000
Hallmark Storage 7/22/15 $975,000 $1,200,000 $1,200,000  (complete)
Jacksonville Mini Warehouse** 9/1/15 $300,000 $550,000 $600,000
A&A Self Storage** 10/1/15 $1,050,000 $1,400,000 $1,500,000
Euclid Self Storage** 4/19/16 $1,625,000 $1,800,000 $2,000,000
Flint Stor-All 6/1/16 $790,000 $900,000 $1,200,000
North Main Self Storage** 7/18/16 $1,150,000 $1,400,000 $1,500,000
Barksdale Self Storage** 8/15/17 $2,375,000 $2,375,000 $2,800,000

*Purchased by principals prior to formation of current team.  **Part of the Capital Storage Fund.

Storage Properties In The Capital Storage Fund

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Jacksonville Mini Warehouse

Jacksonville, NC
220 storage units, 5 parking spaces

Purchase date: 9/1/15

Purchase price: $300,000
Value at full occupancy: $600,000

Occupancy at purchase: 54%
Current occupancy: 92%

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A&A Self Storage

Warner Robbins, GA
300 storage units, large lot for RV/parking

Purchase date: 10/1/15

Purchase price: $1,050,000
Value at full occupancy: $1.5M

Occupancy at purchase: 61%
Current occupancy: 94%

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Euclid Self Storage

Euclid, OH
335 storage units,  1 apartment

Purchase date: 4/19/16

Purchase price: $1,625,000
Value at full occupancy: $2M

Occupancy at purchase: 65%
Current occupancy: 82%

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North Main Self Storage

Las Cruces, NM
290 storage units,  1 apartment

Purchase date: 7/18/16

Purchase price: $1,150,000
Value at full occupancy: $1.3M

Occupancy at purchase: 69%
Current occupancy: 86%

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Barksdale Self Storage

Bossier City, LA
426 storage units,  1 apartment

Purchase date: 8/15/17

Purchase price: $2,350,000
Value at full occupancy: $2.8M

Occupancy at purchase: 67%
Current occupancy: 73%

Storage Properties Owned Outside Of The Fund

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Owosso Storage – REFINANCE COMPLETE

Owosso, MI
273 storage units, 21 parking spaces,
3 apartments, 1 retail (dance studio)

Purchase date: 6/19/14

Purchase price: $635,000
Value at refinance: $1.5M

Occupancy at purchase: 67%
Occupancy at refinance: 96%

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Fairmont Storage

Abilene, TX
156 storage units (photos taken at purchase)

Purchase date: 10/8/14

Purchase price: $385,000
Value at full occupancy: $585,000

Occupancy at purchase: 37%
Current occupancy: 75%

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Mr. P’s Storage (with Bellingrath)

Theodore, AL
345 storage units
(2 properties 5 miles apart)

Purchase date: 8/26/14 and 3/13/15

Purchase price: $510,000
Value at full occupancy: $850,000

Occupancy at purchase: 40%
Current occupancy: 74%

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Action Storage

Harlingen, TX
384 storage units

Purchase date: 6/1/15

Purchase price: $1.3M
Value at full occupancy: $1.9M

Occupancy at purchase: 54%
Current occupancy: 81%

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Hallmark Storage – REFINANCE COMPLETE

Killeen, TX
300 storage units

Purchase date: 7/22/15

Purchase price: $975,000
Value at full occupancy: $1.2M

Occupancy at purchase: 69%
Occupancy at refinance: 90%

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Flint Stor-All

Flint, MI
266 storage units, 14 parking spaces,
2 warehouses

Purchase date: 6/1/16

Purchase price: $790,000
Value at full occupancy: $1.2M

Occupancy at purchase: 65%
Current Occupancy: 79%

Storage Properties Purchased by Principals Prior to Formation of Team

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JB Storage – COMPLETE

San Angelo, TX
70 storage units

Purchase date: 6/1/07

Purchase price: $150,000
Value at full occupancy: $325,000

Occupancy at purchase: 72%
Current Occupancy: 92%

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Industrial Park Mini Storage – COMPLETE

Birmingham, AL
125 storage units, 25 parking spaces

Purchase date: 2/4/19

Purchase price: $550,000
Value at full occupancy: $800,000

Occupancy at purchase: 33%
Current Occupancy: 90%

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A++ Secure Storage – COMPLETE

Flint, MI
200 storage units, 47 parking spaces,
1 apartment

Purchase date: 12/8/10

Purchase price: $625,000
Value at full occupancy: $950,000

Occupancy at purchase: 38%
Current Occupancy: 87%