MVP REIT ACQUIRES SELF-STORAGE FACILITY FOR $3.5M

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CEDAR PARK — MVP REIT has acquired a 376-unit self-storage facility in Cedar Park for $3.5 million in an all-cash transaction. The 52,000-square-foot property was built in 2000 and is more than 90 percent occupied. Additionally, MVP REIT will begin to initiate monthly cash distributions to stockholders beginning in January 2013.

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