commercial real estate services 770-533-6721 mini ...commercial real estate services 770-533-6721...
TRANSCRIPT
Commercial Real Estate Services 770-533-6721
For more information call 770-533-6721 or email at [email protected]
More property information at www.BrentHoffman.com Prudential Georgia Realty – 770-536-3007
Recent area growth rate of 21.5%
Climate controlled and standard units
Internet management and security
system
Sold fully furnished and turn key ready
Fully fenced with coded gate access
Meticulous bookkeeping/one owner
Located near Baldwin Industrial Park, Habersham County Airport, and Highways 365 and 441
10.05% CAP RATE on 2011 Projections, as of August 2011 Actuals
$848,000 for
COMPLETELY FURNISHED buildings on five acres.
Additional adjacent and zoned five acres with complete grading and engineered development plans can be purchased for an additional $60,000. Also available, 5,000 s.f. unerected metal RV/boat storage building for an additional $15,000.
Mini-Warehouse Facility—240+ Units 3288 B.C. Grant Dr.,Cornelia, GA 30531
(north of Atlanta)
For more information call 770-533-6721 or email at
More property information at www.BrentHoffman.com
Prudential Georgia Realty – 770-536-3007
Directions from Atlanta: Take I-85 North to
Interstate 985. Stay on I-985 until it turns into
365. Go until stop light and intersection of
Duncan Bridge Road and take a RIGHT. Go
approx 1/2 mile and take LEFT just before
large 4-way intersection and stop sign. Go
approx 1/2 mile to property on RIGHT.
"Kembricks"
A 1,344 s.f. office area includes lobby,
security center, three offices, kitchen
and two bathrooms. Could easily be
converted into an apartment!
Property is monitored by 24 digital
video cameras that can be
accessed via the Internet for
remote management.
The Story of the
Kembricks Mini-Storage Facility
With Habersham County growing at a rate of 21.5% from 2000 to 2009, Kembricks was constructed
to provide a full-time, dedicated storage facility. After purchasing two adjacent five-acre tracts, the
owners hired a professional engineering and survey company out of Atlanta in 1995, and grading and
site work was completed. The first 6,000 s.f. building was constructed on the property in 1997 to
house a wholesale distribution company.
A 5,400 s.f. building was erected in 2000 as a standard storage facility. When that building was full,
another one of the same size was built. Construction of a 16,000 s.f. fourth building was completed in
2003. This building consists of climate-controlled units in the center, with standard units occupying
the perimeter, and boasts multiple cameras, individual door alarms, and automatic controlled lighting.
In addition to the buildings, a full-property security system was installed, and the facility was
completed paved.
When the distribution company closed its doors in 2003, the building it formerly occupied was
converted into offices, which are used to manage the facility. This same building was divided into five
commercial units in 2006, and a loading dock and 14’ roll-up door were added. In conjunction with
this project and to meet the growing need, a 7,000 s.f. expansion was added, with large commercial
climate-controlled units and a 10’-wide central hallway. A modern wireless door alarm system was
installed, along with additional cameras and keypads to control access the applicable area. The entire
developed acreage was also fully fenced and gated.
Building A Standard Storage 5,400 s.f.
Building B Standard Storage 5,400 s.f.
Building C Standard/Climate-Controlled Storage 16,000 s.f.
Building D Climate-Controlled Storage w/10’ hall 7,000 s.f.
Building D Office Space/Commercial/Large truck & loading dock access 6,000 s.f.
TOTAL SQUARE FEET 39,800 s.f.
IMPORTANT UPDATE: An additional zoned five acres that adjoins the property is for sale for an
additional $60,000. This five acres includes complete grading and engineered development plans. Also
available is a 5,000 s.f. unerected RV/boat storage building for $15,000.
Twenty four digital cameras monitor the property which provides remote access from a home office
or anywhere a manager connects to the main office’s virtual private network (VPN) via the internet.
When the manager is not on the premises, a monitoring service answers alarms and notifies local
police and the manager. Because the gate access log can also be viewed remotely, it’s easy to see who
comes and goes.
Page 2
An SMD Software’s Site Link Stand-Alone Edition, Version 4.16, is used for the present accounting
system. This system prints contracts and paperwork, and updates the security system automatically to
reduce any redundant data entry. Sitelink offers auto billing for monthly credit card payments and can
e-mail receipts to Tenants. As of 1-20-11, 25% of Tenants are auto billed. The network computers
have been recently upgraded with hardware that would accommodate SiteLink Web Addition, a
program that offers fully-integrated web access. Full and detailed financial records have been kept and
are available.
Kembrick Storage Highlights:
City water and sewage on property.
Situated near Baldwin Industrial Park, Habersham County Airport, and Highways 365 and 441.
Total square footage of the 240 units is 39,800 s.f.
There has not been a rental increase since 2005 (tremendous upside potential)
Four Varco Pruden buildings and one Mesco extension. All but one building galvanized. No
red iron.
All climate-controlled, and some standard buildings, have standing-seam roofs.
The 1,344 s.f. office area includes a large lobby, security center, three offices (which could
easily be converted into bedrooms), and two bathrooms.
Interior lighting motion sensors in the climate-controlled buildings reduce power
consumption.
Temperature and humidity are controlled by six heat pumps.
Developed front property is fully paved with wide driveways to manage traffic flow and
accommodate large trucks.
Facility is fully fenced with coded gate access.
Two keypads control gate access, and three additional keypads control building access.
Company-owned URLs include www.kembricks.com, www.kembricks.org,
www.kembricks.net, and www.kembricksstorage.com.
Office Inventories Included in Sale:
Lobby:
Box POS Display Inventory
Chateau Products C99X & C99X Twin Pack Lock Inventory
Chateau Products C99X Key Blanks
Chateau Products POS Lock Display
Wooden Service Counter
(2) Artificial Plants
(2) Wooden Bar Stools
(1) Metal Bar Stool
(1) Dell Optiplex 380 Workstation(Installed new in October 2010)
(1) Dell E2210 22-inch Widescreen Flat Panel Monitor(Installed new in October
2010)
(1) Canon CanoScan LIDE 35 Scanner
(1) HP Laserjet 2200D Monochrome Laser Printer
(1) Lamp
(1) Cookie Jar
(1) Wooden Chair
(1) Trash Can
(1) Writing Desk
(1) Royal 125NT Cash Management System Cash Register
(1) Nortel Meridian Phone
(1) Floor Fan
Office 1:
(1) Metal Desk
(1) Rolling Office Chair
(2) Vinyl Chairs
(1) Watchguard Firewall
(1) Cisco Router
(1) Nortel Meridian Phone
Surveys, Building Plans, & Engineered Drawings
Office 2:
(1) 3-Sided Workstation
(1) HP Laserjet 3100 Multi-function(fax, scanner, & printer)
(1) Nortel Meridian Phone
Office 3:
(1) 2-Sided Workstation
(1) Supply Cabinet w/ Assorted Office Supplies
(1) Rolling Cart
(3) Grey Metal File Cabinets w/ Pentaflex Tabbed Hanging Folders
(1) Nortel Meridian Phone
(1) Blue Upholstered Rolling Office Chair
Security Center:
(1) 3-Sided Workstation
(2) Nortel Meridian Phones
(1) 2-Drawer Grey Desk
(1) Blue Upholstered Office Chair
(1) Wooden 2-Door Hutch
(1) Wooden Side Table
(1) Grey Metal Table
(1) Dell Optiplex 380 Workstation(Installed new in October 2010)
(1) KDS Avitron 19” CRT Monitor
(1) APC 1000XL UPS Battery Backup Unit
(1) Wooden Mail Desk
(1) Metal & Wood Desk
(1) Lexmark X5470 Multifunction Scanner & Fax Machine
Security Cabinet:
(2) Samsung 955DF Syncmaster 19” CRT Monitors
(1) Panasonic Proline 20” Video Breakout Display
(2)16-Channel Digiview Digital Video Recorders(DVRs)
(1) Ditek DRP16 DVR Surge Suppressor and UPS
(1) APC 1000XL UPS Battery Backup Unit(Battery replaced Summer 2010)
(1) APC Battery Expansion Pack Unit
(1) Door Alarm Test Unit
Kitchen:
(1) Wooden Table
(2) Plastic Chairs
(1) Holiday Apartment–sized Electric Stove
(1) White Frigidaire Refrigerator
(1) Green Baker’s Rack
(1) GE Microwave
(1) Windmere Toaster
(2) Plastic Trash Cans
Maintenance & Equipment Inventories*:
Building D Commercial(Including Maintenance Unit):
(1) Yale Forklift, Model#: L83C-050-SAT-083, Serial#: P-216243, Type: LP,
Truck Weight: 9045 lbs.
(1) 1998 Model G19E Yamaha Electric Golf Cart w/ Utility Bed and Charger
Box Inventory
(1) Loading Dock Plate
Metal Shelving
(1) Janitor’s Cart
Assorted Cleaning Supplies
Assorted Brooms
(1) Commercial Mop and Rolling Bucket
(1) Work Table
(1) Work Bench
(7) Shopping Carts
(1) Shelved Rolling Cart
(1) Pallet Jack
(1) Rolling Stock Ladder
Assorted replacement door springs
Assorted replacement door latches
Assorted replacement metal pieces, screws, fasteners, and panels
(2) Replacement Digigate LCD Keypads
Replacement Wireless Door Alarm Units
Wireless Door Alarm Test Unit
(1) New APC UPS Replacement Battery(Fits APC 1000XL Battery Unit)
Assorted Metal Halide Replacement Bulbs & Capacitors
Replacement Fluorescent Light Bulbs
*While supplies will be left, tools and ladders are not included.
Building D:
(1) Rolling Cart
(2) Shopping Carts
(1) Hand Truck
Building C:
(2) Rolling Carts
(2) Hand Trucks
—OFFICE/LIVING AREA—
The 1,334 s.f. office area houses a top-quality security center, two bathrooms
(one handicapped accessible), a kitchen, lobby, and three offices that could be
converted into bedrooms if you decide to convert this into a living space! While we
are advertising this property as meticulous, let the pictures speak for themselves!
As you can see in the “Office Inventories Included in Sale” page, almost
everything you see here is included in the price. This truly is a turn-key
operation…priced to sell and ready to go!
Office Lay Out
Overall Office Dimensions: 58' X 23' - 10" ceilings (1,334 s.f.)
Private Bath
w/ Shower: Office 2 or Bedroom: Security Center: Office 1 or Bedroom:9' - 8" X 7' - 8" 11' - 9" X 9' - 10" 13' - 3" X 21' - 2" 14' - 8" X 13' - 6"
Handcapped Bath:
9' -8" X 6'
Office 3 or Bedroom:11' - 9" X 9' - 6"
Kitchen Area: Lobby:11' - 6" X 9' - 4" 24' - 8" X 12'
Warehouse Warehouse
5 X 5
5 X 5
5 X 5
5 X 5
5 X 5
5 X 5
5 X 5
5 X 5
10 X
25
Loading Dock(46 X 7')
10 X 10
Denotes a non-climate controlled,
commercial unit with individual door
alarm(s) opening to an interior
Shelving 5 X 10
5 X 1010 X 10 10 X 10
Util. Unit Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
30 X 25 30 X 25 5 X 10
Dual Doors,
Divisible, w/
Shelving & Racking
w/ 5 X 10
Denotes standard units
Denotes a climate controlled unit with
invdividual door alarm(s).
5 X 10
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X 10 10 X 10
Office
20 X 20 15 X 2015 X 20 w/
Shelving
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
30
44
' Dri
vew
ay
Bldg. D Commercial (100 X 60', 16' to 18' Ceiling Height) - 6,000 sqft Bldg. D (100 X 70', 13' Ceiling Height) - 13,000 sqft
15 X
25
10 X
25
10 X
25
10 X
25
10 X
25
10 X
25
10 X
25
10 X 10
10 X
30
10 X
25
10 X 20 w/
Alarm
10 X 20 w/
Alarm
10 X 10 w/
Alarm
10 X 20 w/
Alarm10 X 10 10 X 1010 X 10 10 X 10 10 X 10 10 X 10 10 X 10
10 X 20 w/
Alarm
10 X 10 10 X 10
10 X
20
w/
Ala
rm
10 X 10
5 X
10
5 X
10
5 X
10
5 X
10
5 X
10
10 X 10
5 X
10
5 X
10
5 X
10
5 X
10
5 X
10
5 X
10
10 X 10
10 X
20
w/
Ala
rm
10 X 10 10 X 10 10 X 10 10 X 10 10 X 10 10 X 10
5 X
10
Uti
l.
Un
it
10 X 10 10 X 10 10 X 10 10 X 10 10 X 10
10 X 10 10 X 10
10 X 10
10
X 1
0
Bldg. C (200 X 80', 9'-4" to 10' Ceiling Height) - 16,000 sqft
10 X
15
10 X
15
10 X
15
10 X
15
10 X
15
10 X
15
10 X 10
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
20
10 X
20
10 X
20
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
3010
X 1
5
10 X
15
10 X
15
10 X
15
10 X
15
10 X
30
10 X
20
w/
Ala
rm
10 X
20
10 X
20
10 X
20
10 X
15
5 X
10
5 X
10
10 X 10
5 X
10
5 X
10
5 X
10
5 X
10
5 X
10
5 X
10
w/
Ala
rm
10 X 10 10 X 10 10 X 10 10 X 10 10 X 10 10 X 10
5 X
10
5 X
10
5 X
10
10 X 1010 X 20 w/
Alarm10 X 10 10 X 10 10 X 10
10 X
20
10 X 10 10 X 10 10 X 10 10 X 10
10 X 10 10 X 1010 X 20 w/
Alarm
10 X 20 w/
Alarm
Bldg. B (180 X 30', 8-1/2' Ceiling Height) - 5,400 sqft
5 X 10
10 X
15
10 X
15
10 X
15
10 X
15 5 X 10
5 X 10 5 X 10
5 X 10
10 X
20
10 X
20
10 X
20
10 X
20
10 X
20
5 X 10
Du
al D
oo
rs, D
ivis
ible
10 X
15
10 X
15
10 X
15
10 X
15
10 X 10
10 X 1010 X 20 w/
Alarm
20
' Dri
vew
ay
10 X
20
w/
Ala
rm
10 X 10 10 X 10 10 X 10
5 X
10
5 X
10
5 X
10
20
' Dri
vew
ay
5 X 10
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
30
5 X 10
10 X 10 10 X 105 X 10
5 X 10 5 X 10
5 X 10
10 X
20
10 X
20
10 X
20
10 X
20
10 X 10 10 X 10 10 X 10 10 X 10 10 X 10 10 X 10
5 X 10
10 X
20
10 X
20
10 X
20
10 X
20
10 X
20
10 X
15
10 X
15
Du
al D
oo
rs, D
ivis
ible
10 X
30
Du
al D
oo
rs, D
ivis
ible
10 X
15
10 X
15
5 X 10
5 X 10
5 X 10
10 X
30
10 X
20
Kembricks Storage Layout
10 X 10 10 X 10 10 X 10 10 X 10 10 X 10 10 X 10
10 X
20
10 X
20
10 X
15
10 X
15
10 X
15
10 X
15
10 X 10 10 X 10
10 X
20
10 X
20
Bldg. A (180 X 30', 8-1/2' Ceiling Height) - 5,400 sqft
5 X 10
10 X
15
10 X
15
10 X 10 10 X 105 X 10
Brent Hoffman - Prudential Ga. Realty 770.533.6721
Kembricks Mini-Storage Facility-Cornelia GA, 30531
240 Units on 5 acres
***Please call or email for updated Financials***
2011 Sq Footage/ Total Rentable Gross Potential
Unit Size: Unit Quantity: Occupied: Vacant: Occupancy %*: Mo Rate Unit Sq. Footage Monthly Income
Standard
Bldgs A, B, & C
5 X 10 18 16 2 88.9% $35 50 900 $630
10 X 10 38 24 14 63.2% $55 100 3,800 $2,090
10 X 10(Alarm) 1 0 1 0.0% $60 100 100 $60
10 X 15 18 16 2 88.9% $65 150 2,700 $1,170
10 X 20 19 15 4 78.9% $75 200 3,800 $1,425
10 X 20(Alarm) 13 13 0 100.0% $80 200 2,600 $1,040
10 X 30 5 5 0 100.0% $110 300 1,500 $550
Total 112 89 23 79.5% 15,400 $6,965
Climate Controlled
Bldg C
5 X 5 8 2 6 25.0% $45 25 200 $360
5 X 10 26 10 16 38.5% $50 50 1,300 $1,300
10 X 10 30 24 6 80.0% $75 100 3,000 $2,250
10 X 15 12 11 1 91.7% $85 150 1,800 $1,020
10 X 20 6 4 2 66.7% $120 200 1,200 $720
10 X 30 5 2 3 40.0% $150 300 1,500 $750
Total 87 53 34 60.9% 9,000 $6,400
Climate Controlled
Bldg D
5 X 10 5 1 4 20.0% $50 50 250 $250
10 X 10 6 1 5 16.7% $75 100 600 $450
10 X 25 8 5 3 62.5% $155 250 2,000 $1,240
10 X 30 6 2 4 33.3% $170 300 1,800 $1,020
15 X 25 1 0 1 0.0% $175 375 375 $175
Total 26 9 17 34.6% 5,025 $3,135
Commercial
Bldg D
15 X 20 1 0 1 0.0% $140 300 300 $140
15 x 20 (withshelving) 1 0 1 0.0% $160 300 300 $160
20 X 20 1 1 0 100.0% $160 400 400 $160
30 X 25 (with shelving) 2 1 1 50.0% $365 750 1,500 $730
Total 5 2 3 40.0% 2,500 $1,190
Boat and Rv
(uncovered)
10 X 50 10 5 5 50.0% $30 500 500 $300
Total 10 5 5 50.0% 500 $300
Site Totals
240 158 82 65.8% 32,425 $17,990
*Management units excluded from occupany %. Annualized GPRI $215,880
Total Sq. Footage: 39,800 sq. ft. Occupany Rate 65.83%
Projected GPRI $142,121
Note - information as of 1/18/11
GPRI = Gross Potential Rental Income
Brent Hoffman - Prudential Ga. Realty 770.533.6721
2006 2007 2008 2009 2010 2011(Projected**Updated 08-18-11**)
Income: $143,922.83 $136,077.32 $135,689.55 $122,016.47 $123,038.93 $145,437.00
Expenses:
Bank Service Charge $0.00 $1,451.00 $0.00 $851.50 $132.50 $45.00
Freight $41.89 $0.00 $49.45 $0.00 $24.12 $0.00
Insurance $3,421.70 $4,239.55 $3,631.75 $4,235.95 $3,116.80 $3,806.00
Maint. & Landscaping $10,556.58 $5,858.50 $4,529.15 $4,008.60 $4,152.00 $4,522.00
Merchant Fees $1,613.65 $2,018.68 $1,969.37 $2,005.47 $1,757.84 $1,680.00
Postage $636.72 $556.29 $874.88 $676.72 $1,045.97 $678.00
Legal & Professional Fees $3,656.50 $9,250.00 $50.00 $1,093.00 $499.00 $608.00
Repairs:
Building $75.00 $2,090.78 $319.18 $1,403.06 $607.12 $160.00
Comuters & Peripherals $0.00 $0.00 $0.00 $364.00 $188.09 $0.00
Equipment $0.00 $782.09 $1,194.77 $496.85 $747.16 $1,309.87
Security Monitoring $239.40 $239.40 $239.40 $239.40 $119.70 $215.40
Software: $50.00
Symantec AV $0.00 $303.00 $228.80 $228.80 $228.80 $244.82
Sitelink $450.00 $450.00 $549.00 $549.00 $599.00 $599.00
Supplies-Maintenance $6,888.18 $2,198.11 $1,624.32 $1,191.47 $1,006.39 $1,051.00
Supplies-Office $620.93 $397.74 $592.76 $826.27 $211.27 $684.00
Taxes:
City $2,853.86 $2,777.91 $3,334.27 $3,496.24 $3,178.40 $2,593.69
County $8,551.93 $8,956.64 $8,425.64 $8,425.64 $8,672.20 $6,964.94
Sales & Use $43.41 $0.00 $0.00 $40.31 $20.69 $29.00
Telephone & Advertising: $11,544.25 $10,479.71 $13,079.23
Windstream $2,212.87 $1,555.35 $2,749.00
AT&T(Cells) $863.40 $972.00
Advertising: $9,629.66
Windstream $1,690.80 $2,891.00
Southern Directory $3,480.00 $3,480.00
Utilities:
Bldg. C $2,848.96 $2,813.06 $2,847.56 $2,825.68 $3,146.60 $3,454.96
Bldg. D $3,294.26 $3,756.46 $4,198.62 $4,231.60 $4,754.97 $5,210.24
Web Page Expense $309.40 $451.95 $427.05 $390.45 $373.88 $226.37
Misc. Dues & Subscriptions $365.00 $200.00 $165.00 $165.00 $0.00 $165.00
Equipment Rental $2,207.49 $154.80 $0.00 $158.40 $0.00 $0.00
Licenses & Permits $2,804.00 $0.00 $0.00 $0.00 $0.00 $0.00
Fallen Trees Clean Up $0.00 $0.00 $0.00 $3,445.00 $0.00 $0.00
Payroll $18,000.00 $18,000.00 $18,000.00 $18,000.00 $18,000.00 $18,000.00
NOI: $62,899.72 $58,651.65 $69,359.35 $50,775.53 $62,866.88 $83,097.71
*2007 City Taxes Unavailable. Amount entered based on yearly average.
Management Summary ReportFor Month Ending Monday Au122,2011Kembricks Storage 3288 B. C. Grant Road Cornelia, GA 30531
Printed On Monday, August 22, 2011 at'11:12:12 AM
Page 1 of 1
DailvFrom 8122111 0:00
To 812211123:59Bank Deposits
Cash 0.00Checks 0.00
RentRecur. ChgsLate FeesNSF FeeAdmin FeeReserv Fee
0.00
0.00
Month-To-Datethl11 0i00
813111123:59
1,005.832,272.603,510.57
0.00 6,410.520.00 0.00
1 10.000.00 30.000.00 0.00
0.00
Charge 0.00T o t a l 0 . 0 0 6 , z 8 9 . 0 0 8 6 p + 9 . B s
Receiots(Note: Receipts will not match deposits unless they correspond to the sameperiods. Deposits are based on fiscal dates. Receipts are calendar based.)
Year-To-Date111111 0 :00
8131111 23:59
;l 7,1 98.9831,492.4037,358.47
82,887.770.00
1,695.21150.00
0.0050.000,00
615.00-417.47
0.00400.00625.5443.800.000.00
Rental ActivitvRented UnitsVacant* UnitsUnrentable
Wait ing ListOverlocked**Auto-billed**I nsu red**
As of Mon Auq 22.2011
Z J
22 12.4%36 20.3%0 0.0%
SqFt26,100 74.4To
8,725 24.5%250 0.70/o950
Gross Potential Rent 18,000.00Gross Vacant Unit Rates 5,535.00Gross Occupied Unit 12,465.00Actual Occupied Unit 10,988.75Rental Rate Variance 1,476.25Effective Rental Rates 10.668.13
$/SqFt100.0% 0 .51330.8% 0.63469.3% 0.47861.0% 0.4218.2% 0.057
59.3% 0.409
Gollections (Receipts collected in the reporting period towards rent.)Prepaid RentCunent RentPast Due Rent
(Receipts collected in the reporting period towards Late Fees #1,#2,#3.\Current Late Fee 0.00Past Due Late Fee 0.00
Total
Unpaid Gharqes (Gurr Tenants) Units %GrossPot o/ootAct
0 - 10 0 .00 0 .0% 0 0 .0% 0 .0%11 - 30 1 ,947.50 51 .5% 17 10 .8To 17 .70k31 -60 951 .60 25.10k 9 5.3% 8.7%61 - 90 560.00 14.8% 5 3.1o/o 5.1o/o
91 - 120 240.00 6.30/o 3 13% 2.20/o121 - 180 85.00 2.20/o 1 0.5Yo 0.8%181 - 360 0.00 0.0% 0 0.0% Q.lTo
Total 3,784.10 100.0% 35 21.0Yo 34.4%
Delinquencv (Current Tenants. 31 - 360 Davs)Units (rent only) 16 9.0% of Rented UnitsRent Charges 1 ,624.50 14.8% of Actual MonthOther Charges 21210
Liabi l i t ies Units $ TotalTot Prepaid Rent 23 4,173.95Tot Prepaid Insurance 0.00Tot Prepaid Rec. Charge 0.00Total Sec Dep 1,295.00
Insurance 0.00 0.00Other ChgsMisc DepositOverpmtsSec DepPOSPOS TaxesRent TaxesOther Taxes
0.00 50.000.00 30.500.00 0.000.00 125.000.00 30.820.00 2.160.00 0.000.00 0.00
0.00 154.350.00 5,693.120.00 563.05
0.00110 .00
NSF Checks
0.00
0.00
110 .00
0.00
Goncessions (Credits applied to reporting period's charges.)Rent: Move-lnRent: Move-Out
0.00 1 0 . 1 6
Rent: Other Periods 0.00Late Fees:#1 ,#2,#3 0.00
310.46
Rent Last Ghanqed UnitsL e a s e d 0 - 6 m o n t h s 0
6 - 12 months 212 - 18 months 718 - 24 months 1
> 24 months 8Total 18
Owner's AlertStd rates not changed in 360 daysRental rates not changed in 360 daysPayments with no daily closeDaily closes without backupDeleted paymentsDeleted chargesUnits.deletedUnit size changes
Report Explanation(.) Vacancies do not include unrentable units(--) Reported values reflect the current tenant status.Gross Pot. Rent= sum of Std.Rental Rates as of the report dateEffective Rate= Actual Occ Rate - Credit Concessions on rent forunits occupied as of the report date.Disc from Std Rent= discounts from current std (or prorated) rate
0.00 115.48320.83974.91
2,441 .520.00 103.00
Var from Std Rate Units0 - 1 5 % 2 6
15 - 30% 3230 - 50% 18
> 50o/o 3Total 79
Totaf %otAll247 97.2Vo108 61 . jyo84 81 .6%0 0 .0%1000
Other Charges 0.00 25.00 419.10Total Waived 0.00 461 .10 4.259.36
Disc from Std Rent 0 .00 1 ,551 .73 15,945.27
Unit ActivitvMove-lns 0 5 77
lnsurance 0 0 0Move-Outs 0 3 63Transfers 0 1 6
Phone Inquir iesWalk-ln Inquir iesWalk-lns ConvertedLetters MailedCollection Calls Made
Payments TakenFees ChargedMerch. Sales
0 0 00 0 00 0 00 52 5260 12 288
0 8 90 20 2
Units177 69.70/o
72 28.3To5 2.0o/o
1 2
Financial SummarySat Jan '1,2011 Through Tue Aug 23,2011Kembricks Storage 3288 B. C. Grant Road Cornelia, GA 30531
Printed On Tuesday, August 23, 2011 at 9:13:17 AM
Sales Tax Gollections/DueGrossPayments 87,152.32
Exempt Rent Pmts 83,572.77
Exempt Fees & Srvc 2,510.21
Security Deposits 400.00
Tax Collected 43.80
Non-Exempt Pmts 625.54
Tax Collected 43.80
Less Refunds 0.00
Total Tax Payable 43.80
Point-of-Sale
Charges 685.54
Tax 48.00
, Total e 733.54
cocs 316.97
# Units SCftUnits Leased 77 1 1 '100
Units Vacated 63 7925
PaymentsCash
GhecksDebit Cards
Gharge Cards
Master
Visa
AMEX
Discover
Diners Glub
Other Gard
Subtotal
Total Received
9,968.37
21,977.14
4,962.26
450.70
0.00
0.00
17,616.4532,177.40
0.00
37,358.47
87,152.32
Gharge Gharge Tax Total Payment Tax Total Credit Tax TotalAdministrative Adjustment 262.00 0.00 262.00 50.00 0.00 50.00 212.00 0.00 212.00Administrative Fee 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00Auction Fee 0.00 0.00 0.00 0.00 0.000.00 0.000.000.00Bad Check Fee 150.00 0.00 150.00 150.00 0.00 150.00 0.00 0.00 0.00Cut Lock Fee 10.00 0.000.000.00 10.00 0.00 0.00 0.00 0.00Damages and Repairs 25.00 0.00 25.00 0.00 0.00 0.00 25.00 0.00 25.00lnsurance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Invoice Fee 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Late Fee 1,650.00 0.00 1.650.00 1.695.21 0.00 1,695.21 103.00 0.00 103.00Late Fee #2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00Late Fee #3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00Lien Notice Fee 625.00 0.00 625.00 565.00 0.00 565.00 125.00 0.00 125.00Outstanding Balance 0.00 0.00 0.00 0.00 0.00 0.00 0.000.00 0.00POS:Boxes 183.90 12.88 196.78 163.90 11.48 175.38 0.00 0.00 0.00POS:Equipment Rental 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00POS:Locks 460.00 32.20 492.20 420.00 29.40 449.40 30.00 2 .10 32.10POS:OtherPOS 20.82 1.46 22.28 41.64 2.92 44.56 0.00 0.00 0.00POS:Services 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 0.00Rent 86,61 1 .1 8 0.00 86,61 ' t .1 8 83,569.77 0.00 83,569.77 3,737.26 0.00 3.737.26Reservation Fee 50.00 0.00 50.00 50.00 0.00 50.00 0.00 0.00 0.00Security Deposit 400.00 0.00 400.00 400.00 0.00 400.00 25.00 0.00 25.00Transferred Rent 3.00 0.00 3.00 3.00 0.00 0.000.003.00 0.00Totals 90,450.90 46.54 50,497.44 87,108.52 43,80 87.152.32 4.257.26 2.10 4.259.36
Overpayments Received: 0.00TotalReceived: 87,152.32
Misc Ledger Adjustments Entered: -417.47
Total Credits lssued: 5,067.24NSF Payments Reversed: 390.83
Report Explanation
1) The details for Credits lssued can be viewed on the Credits lssued and Applied Report located on the Concessions screen