Fully Prepared to Acquire

After seven months of due diligence, we are preparing to close in Q2 and add this modern two-level facility to the Arabella Real Estate Fund. It is one of three self-storage projects targeted for acquisition and development this year.

After seven months of due diligence, we are preparing to acquire Canton Self-Storage and add it to the Arabella Real Estate Fund in Q2.

This project will include a modern, two-level self-storage facility covering 5.2 acres, with 550 units spread across 100,000 square feet.

Canton Self-Storage is one of three self-storage projects we plan to acquire and develop this year.

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More Projects Update

We previously completed horizontal development on the 41-lot short phase within Phase 2, and the plat has been submitted and approved. In the remaining section of the property, water and electrical utilities are in place, with base and curb work next.
Nine units in Phase 1 are finished, with Certificates of Occupancy in hand and ready for lease-up. Five more units on Lots 58 through 62 are being brought to CO, and the building permit application for the next 18 lots has been submitted ahead of vertical construction.
Two more properties recently went live, one outside Clearwater, Florida and one lakefront in the Poconos, both five-bedroom, eight-bed homes with full amenity packages. Since acquiring 142 rentals in December 2024, the portfolio has grown to 153 units.
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