SVN | CORNERSTONE | 1311 N. WASHINGTON ST., SUITE C, SPOKANE, WA 99201 SALE BROCHURE

A BETTERSTORAGESOLUTION995 N. BOULDER CT.POST FALLS, ID 83854

Jeff OttmarSenior Advisor509.385.8889jeff.ottmar@svn.com

A BETTER STORAGE SOLUTION | 995 N. BOULDER CT. POST FALLS, ID 83854 SVN | Cornerstone | Page 2

OFFERING SUMMARY

Sale Price: $5,500,000

NOI: $361,340

Lot Size: 4.55 Acres

Year Built: 2005

Building Size: 74,170 SF

Price / SF: $74.15

A Better Storage Solution - Post Falls is a 74,170 sf net rentable, 374 unit plus 53 outdoor RV parking space facility for salein Post Falls, ID. The facility also includes an on-site office connected to a two-story 3 bedroom, 2 1/2 bath, 2-car garagehome utilized by the on-site manager as additional compensation. The facility was built in 2005 and includes interior andexterior metal walls with metal roofs, video surveillance and recording, asphalt drives and upgraded lighting. The facilitysits within a growing commercial and residential area of Post Falls and is less than a mile from the Pleasant View Rdinterchange at Interstate 90. The price is based on actual income being collected on actual units rented as of November30th, 2017 and 2017 actual expenses, then capitalized.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Long stabilized quality investment property

• Fully fenced, secure property

• Gate Access System, Facility Operating Software, Video Surveillance System

• Outdoor RV Parking

• Large 3 bedroom House Included

Property Summary

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Aerial Photo

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Location Maps

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Additional Photos

1311 N. Washington St.Suite CSpokane, WA 99201T 509.385.8889jeff.ottmar@svn.comID #SP37806WA #18429

PROFESSIONAL BACKGROUND

Jeff Ottmar serves as an Advisor for SVN, and is the West Coast Chair of the SVN National Self Storage Specialty Practice Group specializing in

the purchase and sale of Self Storage properties. Since 1994, Jeff has participated in the development and acquisition of over 75 Self Storage

properties valued at over $400 million and more recently has brokered over $30 million in commercial transactions.

Jeff began his real estate career with industry leader Shurgard Storage, starting as a project manager in the Seattle region, serving the entire

west coast of the country. In 1999, Jeff moved to the Long Island office of Shurgard where he developed Self Storage facilities in the New York

City and Philadelphia markets. Jeff moved to Safeguard Storage in 2002 as Vice President of Development on the east coast and served in that

position until 2007. Since 2008, Jeff has brokered numerous transactions in Washington State and Idaho including exclusive representation of

McDonald’s and deals involving Trader Joe’s, Subway, Enterprise Rent-a-Car, AutoZone and Self Storage properties among others. Jeff is a

member of the Self-Storage Association (SSA), the national trade organization representing Self Storage owners, operators, and vendors within

the industry and a member of the Washington SSA and other state self-storage associations.

Jeff earned his bachelor’s degree from Washington State University, where he majored in Finance and minored in Real Estate. Jeff resides with his

wife and 3 children in the Spokane, Washington area.

Specialties:

• Sale - Self Storage

• Sale – Retail

• Sale – Office

• Lease – Retail

• Lease – Office

Product Council:

• Self Storage - West Coast Chair, Self Storage Specialty Practice Group

EDUCATION

BA - Washington State University

MEMBERSHIPS & AFFILIATIONS

SVN National Self Storage Specialty Practice Group

Self Storage Association

Washington State Self Storage Association

JEFF OTTMAR

Senior Advisor

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Advisor Bio & Contact 1

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Disclaimer

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be usedfor any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent ofthe SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person isauthorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receivingthese materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisOffering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct,and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representationsor warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with anyentity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing andagreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any suchcorrespondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospectivepurchaser proceeds at its own risk.