141 South 13th Street, Council Bluffs, IA 51501

Big Beaver Storage is a 2022-built facility located at 141 S 13th St, just south of Broadway (~12,700 VPD) within the Omaha–Council Bluffs MSA.

The property features high-quality construction (paved drives, fully fenced and gated with keypad access) with no immediate capex or deferred maintenance. Notably, 83% of the square footage consists of larger format units (12x30+), a high-demand / low-supply segment of the market.

Currently 78% occupied with below-market rents, the asset presents a clear opportunity for a more hands-on operator to drive revenue through lease-up and rental rate growth, as well as the implementation of ancillary income streams (tenant insurance, admin fees, etc.).

Demand fundamentals remain compelling, with SF per capita of 6.14 (3-mile) and 6.74 (5-mile) indicating limited saturation, further supported by $1.5B+ of investment across 35 housing developments (4,250+ units) within a 5-mile radius.

Ownership is remote and has elected to divest to focus on larger assets, creating an attractive opportunity to acquire a well-located, operationally sound facility with meaningful upside.