Molly B’s Dry Dock – Offering Memorandum

PROPERTY HIGHLIGHTS

• The property features two livable homes, one 3 bedroom
  home and one 1 bedroom single wide trailer
• While most traffic flow in the area runs South to North, Molly
  B’s is strategically located as the southernmost facility in the
  proximate area, making it the most desirable location
• Las Cruces, NM a population of 104,000 (2024) is less than an hour from the property With Caballo State Park in walking distance of the property, and many other recreational locations in the area, Molly B’s serves as a storage facility for residents and vacationers alike
• The property utilizes Tenant Inc Software, which allows for remote management as the current owner lives in a different state
• The property holds a diverse unit mix to fulfill tenant’s requirements
• Can achieve a 10% pro-forma cap rate by bringing rents to market while also increasing expenses to reflect new ownership operations