Ace Storage is a 32-unit self-storage facility located at 3055 3rd St S in Waite Park, Minnesota, serving the greater St. Cloud market. The facility includes a perimeter fence, electronic gate system, and upgraded control box. The property offers a compelling value-add investment: current rents on larger units (10x20, 10x25, 10x30) are $28-45 per unit below market, creating an immediate path to increased NOI through rent adjustments alone. Combined with lease-up potential and a pending property tax reduction, a self-managing buyer can realistically increase NOI from ~$17,500 (current) to $29,000-$31,700 within 6-12 months of acquisition. The facility operates on a simple, low-overhead model with credit card payment processing and a dedicated website (acestoragewaitepark.com).