C2 Storage Portfolio

The C2 Storage portfolio consists of three self-storage facilities across two Arkansas trade areas roughly 45 miles apart, giving an owner regional presence rather than single-market exposure. C2 Glenwood is located at 2 Frank Wilson Road in Glenwood, the commercial center for northern Pike County. The town sits on U.S. Highway 70 west of Hot Springs, nestled in a bend of the Caddo River in the Ouachita Mountains, at the junction of Highway 70 and Arkansas Highways 8 and 27. The local economy is anchored by timber and wood products manufacturing, retail trade, and public education, with Caddo River Forest Products, John Plyler Home Center, Wright's Food Center, Shelby Manufacturing, and the Centerpoint School District among the largest employers. The Caddo River at Glenwood is one of the most popular canoeing streams in western Arkansas and drives seasonal float, fishing, and camping traffic through town. C2 South and C2 North are located in Dierks, roughly 45 miles southwest in northern Howard County. C2 South fronts U.S. Highway 70 West; C2 North sits on Herman Avenue less than a mile away. Dierks is anchored by forestry and timber, with Dierks Lake — recognized by the Arkansas Game and Fish Commission as a top tournament fishing destination — and the Saline River corridor supporting outdoor recreation demand. Both markets combine stable small-town storage demand with seasonal recreational traffic, supporting 98 covered boat and RV parking spaces across the portfolio.Operating expenses at 29.96% of effective gross income, below the 35–40% range buyers typically underwrite, supported by low Arkansas property taxes that do not reassess on sale. Only boat and RV storage offering within 20 miles of the Dierks facilities, with 98 covered parking spaces across the portfolio serving lake and recreational traffic — a segment with limited regional competition. Geographic diversification across two distinct trade areas, with Glenwood serving the Caddo River in Pike County and the Dierks facilities serving Howard County and Dierks Lake, spreading tenant demand across separate local economies roughly 45 miles apart. Glenwood facility operating at 88.6% occupancy, demonstrating proven demand and stable cash flow while the Dierks properties offer the lease-up runway. Additional income stream beyond storage, including an on-site apartment at the South facility providing diversified in-place revenue. Expansion potential across 8.17 combined acres, with the North facility alone sitting on 3.85 acres supporting only 1,680 square feet of enclosed storage — substantial room to add units as demand warrants. Scale advantage over single-facility offerings, with 76,217 net rentable square feet across three locations providing a buyer immediate regional presence rather than a single-asset entry point.