*MVP REIT II, Inc. has changed to The Parking REIT, Inc. Any reference to MVP REIT II, Inc. is now known as The Parking REIT Inc.
Why Parking ?
Americans own more than 253 million passenger vehicles – or roughly two per household. For investors, parking may provide a host of benefits, including:
- Low operating and maintenance costs
- Potential for long-term capital appreciation
- Redevelopment opportunities
- Fragmented Industry
- Heavy demand – population growth in U.S. cities
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