Document:

<PAGE>
                                                                 Exhibit 10.14

                       PROPERTY MANAGEMENT AGREEMENT
                       -----------------------------

          THIS PROPERTY MANAGEMENT AGREEMENT (this "Agreement") is entered
     into as of August 28, 2000 between Securespace Limited Partnership, a
     Nevada limited partnership ("Owner"), and U-Haul Co. (Canada) Ltd., a
     Canadian corporation ("U-Haul").

                                 RECITALS
                                 --------

          A.  Owner is the beneficial owner of the real property and self-
     storage related improvements thereon located at the street addresses
     identified on Exhibit A hereto (collectively the "Property").
                   ---------

          B.  Owner intends that the Property be rented or licensed on a
     space-by-space retail basis to third parties for use by such third
     parties as self-storage facilities and, with respect to certain
     portions of the Property, as business center facilities.

          C.  Owner desires that U-Haul manage the Property and U-Haul
     desires to act as the property manager for the Property, all in
     accordance with the terms and conditions of this Agreement.

          NOW, THEREFORE, in consideration of the mutual covenants herein
     contained, Owner and U-Haul hereby agree as follows.

     1.  Employment.
         ----------

          (a) Owner hereby retains U-Haul, and U-Haul agrees to act as
     manager of the Property upon the terms and conditions hereinafter set
     forth.

          (b) Owner acknowledges that U-Haul, and/or U-Haul affiliates, is
     in the business of managing self-storage facilities, both for its own
     account and for the account of others. It is hereby expressly agreed
     that notwithstanding this Agreement, U-Haul and such affiliates may
     continue to engage in such activities, may manage facilities other
     than those presently managed by U-Haul and its affiliates (whether or
     not such other facilities may be in direct or indirect competition
     with Owner) and may in the future engage in other business which may
     compete directly or indirectly with activities of Owner.

          (c) In the performance of its duties under this Agreement,
     U-Haul shall occupy the position of an independent contractor with
     respect to Owner.  Nothing contained herein shall be construed as
     making the parties hereto partners or joint venturors, nor (except as
     expressly otherwise provided for herein) construed as making U-Haul
     an agent or employee of Owner.
<PAGE>

     2.  Duties and Authority of U-Haul.
         ------------------------------

          (a) GENERAL DUTIES AND AUTHORITY.  Subject only to the
     restrictions and limitations provided in paragraphs (o) and (p) of
     this Section 2 and the right of Owner to terminate this Agreement as
     provided in Section 6 hereof, U-Haul shall have the sole and
     exclusive authority to fully manage the Property and supervise and
     direct the business and affairs associated or related to the daily
     operation thereof, and, to that end on behalf of Owner, to execute
     such documents and instruments as, in the sole judgment of U-Haul,
     are reasonably necessary or advisable under the circumstances in
     order to fulfill U-Haul's duties hereunder.  Such duties and
     authority shall include, without limitation, those set forth below.

          (b) RENTING OF THE PROPERTY.  U-Haul shall establish policies
     and procedures for the marketing activities for the Property, and may
     advertise the Property through such media as U-Haul deems advisable,
     including, without limitation, advertising with the Yellow Pages.
     U-Haul shall have the sole discretion, which discretion shall be
     exercised in good faith, to establish the terms and conditions of
     occupancy by the tenants of the Property, and U-Haul is hereby
     authorized to enter into rental agreements on behalf and for the
     account of Owner with such tenants and to collect rent from such
     tenants. U-Haul may jointly advertise the Property with other
     properties owned or managed by U-Haul, and in that event, U-Haul
     shall reasonably allocate the cost of such advertising among such
     properties.

          (c) REPAIR, MAINTENANCE AND IMPROVEMENTS.  U-Haul shall make,
     execute, supervise and have control over the making and executing of
     all decisions concerning the acquisition of furniture, fixtures and
     supplies for the Property, and may purchase, lease or otherwise
     acquire the same on behalf of Owner.  U-Haul shall make and execute,
     or supervise and have control over the making and executing of all
     decisions concerning the maintenance, repair, and landscaping of the
     Property. U-Haul shall, on behalf of Owner, negotiate and contract
     for and supervise the installation of all capital improvements
     related to the Property; provided, however, that U-Haul agrees to
     secure the prior written approval of Owner on all such expenditures
     in excess of $5,000.00 for any one item, except monthly or recurring
     operating charges and/or emergency repairs if in the opinion of
     U-Haul such emergency-related expenditures are necessary to protect the
     Property from damage or to maintain services to the tenants as called
     for in their respective leases.

          (d) PERSONNEL.  U-Haul shall select all vendors, suppliers,
     contractors, subcontractors and employees with respect to the
     Property and shall hire, discharge and supervise all labor and
     employees required for the operation and maintenance of the Property.
     Any employees so hired shall be employees of U-Haul, and shall be
     carried on the payroll of U-Haul.  Employees may include, but will
<PAGE>
     not be limited to, on-site resident managers, on-site assistant
     managers, and relief managers located, rendering services, or
     performing activities on the Property in connection with its
     operation and management.  The cost of employing such persons shall
     not exceed prevailing rates for comparable persons performing the
     same or similar services with respect to real estate similar to the
     Property.

          (e) AGREEMENTS.  U-Haul shall negotiate and execute on behalf of
     Owner such agreements which U-Haul deems necessary or advisable for
     the furnishing of utilities, services, concessions and supplies, for
     the maintenance, repair and operation of the Property and such other
     agreements which may benefit the Property or be incidental to the
     matters for which U-Haul is responsible hereunder.

          (f) OTHER DECISIONS.  U-Haul shall make all decisions in
     connection with the daily operation of the Property.

          (g) REGULATIONS AND PERMITS.  U-Haul shall comply in all
     material respects with any statute, ordinance, law, rule, regulation
     or order of any governmental or regulatory body, having jurisdiction
     over the Property, respecting the use of the Property or the
     maintenance or operation thereof.  U-Haul shall apply for and attempt
     to obtain and maintain, on behalf of Owner, all licenses and permits
     required or advisable (in the sole judgment of U-Haul) in connection
     with the management and operation of the Property.

          (h) RECORDS AND REPORTS OF DISBURSEMENTS AND COLLECTIONS.
     U-Haul shall establish, supervise, direct and maintain the operation of
     a system of record keeping and bookkeeping with respect to all
     receipts and disbursements in connection with the management and
     operation of the Property.  The books, records and accounts shall be
     maintained at the U-Haul office or at such other location as U-Haul
     shall determine, and shall be available and open to examination and
     audit quarterly by Owner, its representatives, any mortgagee of the
     Property, and such mortgagee's representative.  On or before thirty
     (30) days after the close of each quarter, U-Haul shall cause to be
     prepared and delivered to Owner, a monthly statement of receipts,
     expenses and charges, together with a statement of the disbursements
     made by U-Haul during such period on Owner's behalf.

          (i) [Reserved].

          (j) COLLECTION.  U-Haul shall be responsible for the billing and
     collection of all accounts receivable and for payment of all accounts
     payable with respect to the Property and shall be responsible for
     establishing policies and procedures to minimize the amount of bad
     debts.
<PAGE>

          (k) LEGAL ACTIONS.  U-Haul shall cause to be instituted, on
     behalf and in the name of Owner, any and all legal actions or
     proceedings U-Haul deems necessary or advisable to collect charges,
     rent or other income due to Owner with respect to the Property and to
     oust or dispossess tenants or other persons unlawfully in possession
     under any lease, license concession agreement or otherwise, and to
     collect damages for breach thereof or default thereunder by such
     tenant, licensee, concessionaire or occupant.

          (l) INSURANCE.  U-Haul shall use its best efforts to assure that
     there is obtained and maintained in force, fire, comprehensive
     liability and other insurance policies in amounts generally carried
     with respect to similar facilities. U-Haul may in its discretion
     obtain employee theft or similar insurance in amounts and with such
     deductibles as U-Haul deems appropriate.  U-Haul shall promptly
     provide Owner with such certificates of insurance as Owner may
     reasonably request in writing, evidencing such insurance coverage.

          (m) TAXES.  During the term of this Agreement, U-Haul shall pay
     from Owner's funds, prior to delinquency, all real estate taxes,
     personal property taxes, and all other taxes assessed to, or levied
     upon, the Property.  If required by the holder of any note secured by
     the Property, U-Haul will set aside, from Owner's funds, a reserve
     from each month's rent and other income collected, in an amount
     required by said holder for purposes of payment of real property
     taxes.

          (n) [Reserved].

          (o) LIMITATIONS ON U-HAUL AUTHORITY.  Notwithstanding anything
     to the contrary set forth in this Section 2, U-Haul shall not,
     without obtaining the prior written consent of Owner, (i) rent
     storage space in the Property by written lease or agreement for a
     stated term in excess of one year, (ii) alter the building or other
     structures of the Property in any material manner; (iii) make any
     other agreements which exceed a term of one year and are not
     terminable on thirty day's notice at the will of Owner, without
     penalty, payment or surcharge; (iv) act in violation of any law; or
     (v) act in violation of any duty or responsibility of Owner under any
     mortgage loan secured by the Property.

          (p) SHARED EXPENSES.  Owner acknowledges that certain economies
     may be achieved with respect to certain expenses to be incurred by
     U-Haul on behalf of Owner hereunder if materials, supplies, insurance
     or services are purchased by U-Haul in quantity for use not only in
     connection with the Property but in connection with other properties
     owned or managed by U-Haul or its affiliates.  U-Haul shall have the
     right to purchase such materials, supplies, insurance and/or services
     in its own name and charge Owner a pro rata allocable share of the
     cost of the foregoing; provided, however, that the pro rata cost of
     such purchase to Owner shall not result in expenses greater than
     would otherwise be incurred at competitive prices and terms available
     in the area where the Property is located; and provided further,
<PAGE>
     U-Haul shall give Owner access to records so Owner may review any such
     expenses incurred.

          (q)  DEPOSIT OF GROSS REVENUES. All Gross Revenues (as
     hereinafter defined) shall be deposited into a trust bank account
     maintained by U-Haul (or its parent company) as trustee for the
     benefit of the Owner.  To the extent that the Gross Revenues are
     deposited into a collective trust account maintained by U-Haul (or
     its parent company) for the benefit of multiple property owners, such
     trust account will clearly identify the beneficiaries and U-Haul (or
     its parent company) shall reconcile such account daily and maintain
     such records as shall clearly identify each day the respective
     interest of each beneficiary in such collective trust account.  Gross
     Revenues of the Owner shall be applied first to the repayment of
     Owner's senior debt with respect to the Property, and then to U-Haul
     in reimbursement of expenses and for management fees as provided
     under Section 4 below.

     3.  Duties of Owner.
         ---------------

          Owner hereby agrees to cooperate with U-Haul in the performance
     of U-Haul's duties under this Agreement and to that end, upon the
     request of U-Haul, to provide, at such rental charges, if any, as are
     deemed appropriate, reasonable office space for U-Haul employees on
     the premises of the Property and to give U-Haul access to all files,
     books and records of Owner relevant to the Property.  Owner shall not
     unreasonably withhold or delay any consent or authorization to U-Haul
     required or appropriate under this Agreement.

     4.  Compensation of U-Haul.
         ----------------------

          (a)  MANAGEMENT FEE. Owner shall pay to U-Haul as the full
     amount due for the services herein provided a fee (the "Management
     Fee") equal to six percent (6%) of the "Gross Revenue" derived from
     or connected with the Property so managed by U-Haul hereunder.  The
     term "Gross Revenue" shall mean all receipts (excluding security
     deposits unless and until Owner recognizes the same as income) of
     Owner (whether or not received by U-Haul on behalf or for the account
     of Owner) arising from the operation of the Property, including
     without limitation, rental payments of lessees or licensees of space
     in the Property, vending machine or concessionaire revenues,
     maintenance charges, if any, paid by the tenants of the Property in
     addition to basic rent, parking fees, if any, and all monies whether
     or not otherwise described herein paid for the use of the Property.
     "Gross  Revenue" shall be determined on a cash basis.  The Management
     Fee shall be paid promptly at the end of each calendar quarter and
     shall be calculated on the basis of the "Gross Revenue" of such
     preceding quarter.
<PAGE>

          It is understood and agreed that the Management Fee will not be
     reduced by the cost to Owner of those employees and independent
     contractors engaged by or for Owner, including but not limited to the
     categories of personnel specifically referred to in Section 2(d).
     Except as provided in this Section 4, it is further understood and
     agreed that U-Haul shall not be entitled to additional compensation
     of any kind in connection with the performance by it of its duties
     under this Agreement.

          (b)  REIMBURSEMENT OF CERTAIN EXPENSES.  In addition to the
     Management Fee described above, U-Haul shall be entitled to
     reimbursement from Owner, on a quarterly basis, for all out-of-pocket
     expenses incurred by U-Haul hereunder in connection with the
     management and operation of the Property, including, without
     limitation, taxes, insurance, operational expenses, overhead,
     litigation and dispute resolution related expenses, capital
     improvement expenses, and costs of sales.

     5.  Use of Trademarks, Service Marks and Related Items.
         --------------------------------------------------

          Owner acknowledges the significant value of the "U-Haul" name in
     the operations of Owner's property and it is therefore understood and
     agreed that the name,  trademark and service mark, "U-Haul", and
     related marks, slogans, caricatures, designs and other trade or
     service items shall be utilized for the non-exclusive benefit of
     Owner in the rental and operation of the Property, and in comparable
     operations elsewhere.  It is further understood and agreed that this
     name and all such marks, slogans, caricatures, designs and other
     trade or service items shall remain and be at all times the property
     of U-Haul and its affiliates, and that, except during the term hereof
     and as expressly provided herein, Owner shall have no right
     whatsoever therein.  Owner agrees that during the term of this
     agreement the sign faces at the property will or may have the name
     "U-Haul."  The U-Haul sign faces (including the cost of any conversion
     of the existing sign faces to "U-Haul" sign faces) will be paid for
     by Owner.  Upon termination of this agreement at any time for any
     reason, all such use by and for the benefit of Owner of any such
     name, mark, slogan, caricature, design or other trade or service item
     in connection with the Property shall, in any event, be terminated
     and any signs bearing any of the foregoing shall be removed from view
     and no longer used by Owner.  In addition, upon termination of this
     Agreement at any time for any reason, Owner shall not enter into any
     new leases of Property using the U-Haul lease form or use other forms
     prepared by U-Haul.  It is understood and agreed that U-Haul will use
     and shall be unrestricted in its use of such name, mark, slogan,
     caricature, design or other trade or service item in the management
     and operation of other storage facilities both during and after the
     expiration or termination of the term of this Agreement.

     6.  Termination.
         -----------
<PAGE>

          Owner or U-Haul may terminate this Agreement with or without
     cause by giving not less than thirty days' written notice to the
     other party pursuant to Section 11 hereof.  In addition, if Owner
     fails to pay U-Haul any amounts owed under this Agreement when due,
     U-Haul may terminate this Agreement by giving Owner not less than ten
     days written notice pursuant to Section 11 hereof.  Notwithstanding
     the foregoing, however, U-Haul shall not resign as property manager
     of the Property until a nationally recognized and reputable successor
     property manager is available and prepared to assume property
     management responsibilities with respect to the Property in question.
     Upon termination of this Agreement, U-Haul shall promptly return to
     Owner all monies, books, records and other materials held by U-Haul
     for or on behalf of Owner.  In addition, if U-Haul has contracted to
     advertise the Property in the Yellow Pages, Owner shall, at the
     option of U-Haul, continue to be responsible for the cost of such
     advertisement and shall either (i) pay U-Haul the remaining amount
     due under such contract in a lump sum; or (ii) pay U-Haul monthly for
     the amount due under such contract.

     7.  Indemnification.
         ---------------

          Owner hereby agrees to indemnify and hold each of U-Haul, all
     persons and companies affiliated with U-Haul, and all officers,
     shareholders, directors, employees and agents of U-Haul and of any
     affiliated companies or persons (collectively, the "Indemnified
     Persons") harmless from any and all costs, expenses, attorneys' fees,
     suits, liabilities, judgments, damages, and claims in connection with
     the management of the Property (including the loss of use thereof
     following any damage, injury or destruction), arising from any cause
     except for the willful misconduct or gross negligence on the part of
     the Indemnified Persons.  In addition, no Indemnified Person shall be
     liable for any error of judgment or for any mistake of fact or law,
     or for anything which it may do or refrain from doing hereafter,
     except in cases of willful misconduct or gross negligence.  U-Haul
     hereby agrees to indemnify and hold Owner harmless from any and all
     costs, expenses, attorneys' fees, suits, liabilities, judgments,
     damages and claims in connection with the management of the Property
     arising from the willful misconduct of, gross negligence of, or
     breach of this Agreement by the Indemnified Persons.  In addition,
     U-Haul shall not be liable to Owner for the acts or omissions of
     U-Haul's officers, shareholders, directors, employees, and agents
     except for U-Haul's own gross negligence or willful misconduct.

     8.  Assignment.
         ----------

          This Agreement may be assigned by Owner in connection with any
     mortgage loan on the Property, whether pursuant to a conditional or
     unconditional, absolute assignment. U-Haul shall have the right to
     assign this Agreement to an affiliate or a wholly or majority owned
     subsidiary; provided, however, any such assignee must assume all
     obligations of U-Haul hereunder, Owner's rights hereunder will be
<PAGE>
     enforceable against any such assignee and U-Haul shall not be
     released from its liabilities hereunder unless Owner shall expressly
     agree thereto in writing.

     9.  Headings.
         --------

          The headings contained herein are for convenience of reference
     only and are not intended to define, limit or describe the scope or
     intent of any provision of this Agreement.
<PAGE>

     10.  Governing Law.
          -------------

          The validity of this Agreement, the construction of its terms
     and the interpretation of the rights and duties of the parties shall
     be governed by the internal laws of the State of Arizona.

     11.  Notices.
          -------

          Any notice required or permitted herein shall be in writing and
     shall be personally delivered or mailed first class postage prepaid
     or delivered by an overnight delivery service to the respective
     addresses of the parties set forth below their signatures on the
     signature page thereof, or to such other address as any party may
     give  to the other in writing.  Any notice required by this Agreement
     will be deemed to have been given when personally served or one day
     after delivery to an overnight delivery service or five days after
     deposit in the first class mail.

     12.  Severability.
          ------------

          Should any term or provision hereof be deemed invalid, void or
     unenforceable either in its entirety or in a particular application,
     the remainder of this Agreement shall nonetheless remain in full
     force and effect and, if the subject term or provision is deemed to
     be invalid, void or unenforceable only with respect to a particular
     application, such term or provision shall remain in full force and
     effect with respect to all other applications.

     13.  Successors.
          ----------

          This Agreement shall be binding upon and inure to the benefit of
     the respective parties hereto and their permitted assigns and
     successors in interest.

     14.  Attorneys' Fees.
          ---------------

          If it shall become necessary for any party hereto to engage
     attorneys to institute legal action for the purpose of enforcing
     their respective rights hereunder or for the purpose of defending
     legal action brought by the other party hereto, the party or parties
     prevailing in such litigation shall be entitled to receive all costs,
     expenses and fees (including reasonable attorneys' fees) incurred by
     it in such litigation (including appeals).

     15.  Counterparts.
          ------------
<PAGE>

          This Agreement may be executed in one or more counterparts, each
     of which shall be deemed an original, but all of which together shall
     constitute one and the same instrument.

     16.  Scope of Property Manager Responsibility.
          ----------------------------------------

          U-Haul shall perform its obligations hereunder according to
     reasonable industry standards, in good faith, and in a commercially
     reasonable manner.  U-Haul agrees that, in discharging its duties
     hereunder, it will not have any relationship with any of its
     affiliates that would be less favorable to Owner than would
     reasonably be available in a transaction with an unaffiliated party.

     [Rest of page intentionally left blank]
<PAGE>
          IN WITNESS WHEREOF, the parties hereto execute this Agreement as
     of the date first above written.

                              "Owner"
                               -----

                              Securespace Limited Partnership, a Nevada limited
                              partnership

                                   By: Seven SAC Self-Storage Corporation,
                                               a Nevada corporation

                                   Its: General partner

                                        By: /S/ Mark V. Shoen
                                           -----------------------------
                                                Mark V. Shoen, President

                              "U-Haul"
                               ------

                              U-Haul Co. (Canada), Ltd.,
                              a Canadian corporation

                              By: /S/ George R. Olds
                                  ---------------------------

                              Its: Asst. Secretary
                                   --------------------------

CST Nominee, Inc., as registered owner of the Properties, hereby
consents to all of the terms and provisions of this Agreement.

CST Nominee, Inc.

By: /S/ Mark V. Shoen
    ---------------------------
     Mark V. Shoen, President
<PAGE>

                                  Exhibit A

                              List of Properties

                     Property Name     Street Address,
                                       City / Province

                Cremazie               306 Cremazie Ouest,
                                       Montreal, Quebec

                Dollard Des Ormeaux    65 Brunswick Boul.
                                       Dollard des Ormeaux,
                                       Quebec

                Jean Talon             3850 Jean Talon West
                                       Montreal, Quebec

                St. Leonard            4949 Metropolitan Est
                                       St. Leonard, Quebec

                St. Jacques            7350 Boul. St. Anne de
                                       Bellevue
                                       Montreal, Quebec

                Quebec City            5000 Armand Viau
                                       Quebec City, Quebec

                Ottawa                 2720 Queensview
                                       Ottawa, Ontario

                Sidney                 10201 MacDonald Park
                                       Road
                                       Sidney, British
                                       Columbia

                Victoria               644 Queens Avenue
                                       Victoria, British
                                       Columbia

                Abbotsford             33966 Hazelwood
                                       Avenue RR # 3
                                       Abbotsford, British
                                       Columbia

                Clearbrook             30618 South Fraser Way
                                       Abbotsford, British
                                       Columbia

                Langley                19316 B 56 Avenue
                                       Langley, British
                                       Columbia

                Richmond               4511 Shell Road
                                       Surrey, British
                                       Columbia

                Surrey                 18590 B 96 Avenue
                                       Surrey, British
                                       Columbia

                West Surrey            13554 B 84 Avenue
                                       Surrey, British
                                       Columbia

                West Edmonton          10210 B 218th Street
                                       Edmonton, Alberta<PAGE>
                                                                  Exhibit 10.15

                         PURCHASE AND SALE AGREEMENT
                         ---------------------------

     THIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made effective as of
December 20, 2001 ("Agreement Date"), by and between Eighteen SAC Self-Storage
Corporation, a Nevada corporation ("Buyer") and Amerco Real Estate Company
("AREC") and Amerco Real Estate Company of Texas, Inc. ("AREC of Texas" and,
together with AREC, collectively, the "Seller").

                                 RECITALS

     WHEREAS, Seller owns the real property and improvements thereon generally
described on Exhibit A hereto, which property consists of fourteen self-storage
facilities (including land and improvements thereon, all rights appurtenant
thereto, and any incidental items of personal property used in connection
therewith) (collectively, the "Property"); and

     WHEREAS, subject to the terms, covenants and conditions set forth herein,
Seller desires to sell the Property to Buyer and Buyer desires to purchase the
Property from Seller.

     NOW, THEREFORE, in consideration of the foregoing, and the terms, covenants
and conditions contained herein and for other valuable considerations, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

     1.   Agreement of Purchase and Sale.  At the closing hereunder (the
          ------------------------------
"Closing"), which Closing shall occur on or before December 20, 2001 (the
"Closing"), subject to the terms, covenants and conditions of this Agreement,
Seller shall sell to Buyer, and Buyer shall purchase from Seller, the Property,
as set forth on Exhibit A hereto.   Buyer's obligation to purchase the Property
shall be contingent upon the delivery of deeds for each Property; and in the
event any one or more property is not conveyed hereunder, Buyer shall not be
obligated to purchase any of the Properties. Prior to the Closing, legal
descriptions for the Property shall be prepared and shall be mutually
satisfactory to Buyer and Seller.

     2.   Purchase Price.  Subject to adjustment as provided below, the
          --------------
aggregate purchase price to be paid for the Property (the "Purchase Price")
shall be Forty-Three Million Seven Hundred and Eighty-Two Thousand and no/100ths
Dollars ($43,782,000), to be disbursed to each Seller in accordance with its
respective interest.

     3.   Buyer's Contingencies.  Prior to the Closing, Buyer shall have
          ---------------------
completed all due diligence with respect to the Property and upon Closing shall
be deemed to have satisfied itself with respect to due diligence including
title, survey, environmental conditions, engineering conditions, economic
feasibility and the like.  Notwithstanding the foregoing, however, each Seller
shall be obligated to remove (regardless of whether Buyer objects thereto) all
deeds of trust, mortgages, mechanics' liens, UCC filings, judgments and other
monetary liens voluntarily imposed on the Property by Seller or arising against
the Property as a result of Seller's (or its agents' or affiliates') actions or
<PAGE>
negligent or intentional omissions or improvements made to, or services rendered
in connection with, the Property at the request of, or on behalf of, any Seller;
it being the intent of the parties that the Property shall be conveyed to Buyer
free and clear of all such monetary liens, and in no event shall any such
monetary liens be deemed a permitted title exceptions hereunder.  In addition,
Buyer's obligation to purchase the Property is contingent upon Buyer obtaining
financing upon terms satisfactory to Buyer, for a portion of the Purchase Price.

     4.    Title Insurance; Deed.
           ---------------------

          a.   Owner's Insurance Policy.  At the Closing, each Seller shall
               ------------------------
cause Fidelity National Title Insurance Company to deliver to Buyer, at Buyer's
option, an extended coverage ALTA owner's policy of title insurance issued by
such title insurance company or its principal, or the unconditional commitment
of the title insurer to issue such policy, insuring title to the Property in
Buyer in the amount of the Purchase Price; the policy to be subject to the usual
printed exclusions, exceptions, conditions and stipulations set forth in the
printed form policy, title exceptions permitted by the Buyer ("Permitted Title
Exceptions") and such other matters approved in writing by Buyer or resulting
from Buyer's actions (the "Title Policy").  Seller shall only be responsible for
paying the portion of the title insurance premium relating to standard owner's
coverage; if Buyer elects to obtain extended coverage, then Buyer shall pay the
additional portion of the premium relating to extended coverage and the cost of
any endorsements requested by Buyer.

          b.   Deed.  At the Closing, each Seller shall deliver to Buyer the
               ----
deed granting and conveying to Buyer the Property as identified on Exhibit A
hereto, free and clear of all liens other than the Permitted Title Exceptions
and free and clear of all monetary liens other than for taxes which are a lien
but are not yet delinquent.

     5.   Closing.   Except as otherwise provided below, the Closing shall occur
          -------
on the date (the "Closing Date") which is no later than December 20, 2001. The
Closing shall take place at 10:00 a.m. on the Closing Date in the office of the
title company, or at such other time and location as the parties may mutually
agree.  The parties hereto acknowledge and agree that time is of the essence
with respect to the Closing Date.

          a.   Action at the Closing by Seller.  Upon the Closing, each Seller
               -------------------------------
shall deliver or cause to be delivered to Buyer all of the following instruments
or documents dated as of the Closing, fully executed and, if appropriate, acknow
ledged:  (i) the Deed; (ii) an Affidavit of Property Value (or other similar
instrument) if required in connection with the transfer of the Property; (iii) a
Non-Foreign Person Affidavit; (iv) a bill of sale with respect to any personal
property conveyed hereunder; (v) affidavits to the title company reasonably
requested in connection with the issuance of the title policy hereunder
(including, without limitation, a no-lien affidavit and a no parties-in-
possession affidavit) and (vi) such other instruments or documents as may be
reasonably necessary to fulfill the covenants and obligations to be performed by
Seller pursuant to this Agreement.
<PAGE>

          b.   Action at the Closing by Buyer.  At the Closing, as a condition
               ------------------------------
to Seller's obligations hereunder, Buyer shall deliver or cause to be delivered
to Seller all funds required pursuant to the provisions of this Agreement.

          c.   Closing Costs.  All fees, recording costs, charges or expenses
               -------------
incidental to the sale, transfer and assignment of the Property to Buyer shall,
except as otherwise herein expressly provided, be paid according to the then
custom of real estate transactions consummated in the county in which the
Property is located.

          d.   Proration of Real Estate Taxes.  All general or special
               ------------------------------
assessments by any governmental authority which are a lien on the Property as of
the Closing Date shall be paid by Seller in full at the Closing.

     6.   Possession; Risk of Loss.   Seller shall deliver possession of the
          ------------------------
Property to Buyer at the Closing, subject only to the Permitted Title Exceptions
and in any event subject to self-storage customers in possession in the ordinary
course of business.  The risk of loss of any damage or destruction to the
Property shall remain with Seller until the Closing.

     7.   Representations and Warranties of Seller.  Except as otherwise
          ----------------------------------------
expressly provided herein, the Property is and shall be sold and conveyed to
Buyer on an "AS IS" "WHERE IS" basis, subject to all faults and defects, whether
latent or patent, and Buyer acknowledges that no warranty is made with respect
to the Property, whether as to habitability, merchantability, fitness for a
particular purpose or otherwise. Notwithstanding the foregoing, each Seller
acknowledges, represents and warrants to Buyer that the following are true as of
the date of this Agreement and will be true as of the Closing, and in entering
into this Agreement Buyer is relying upon, the following:

          a.   Due Organization, Etc.  Each Seller is a duly organized, validly
               ----------------------
existing, and is in good standing under the laws of its respective jurisdiction
of organization. The transactions contemplated by this Agreement and the
execution and delivery of all documents required herein, and its performance
hereunder, have been duly authorized by each Seller as necessary or appropriate.
The execution and delivery of this Agreement and any other document required
herein and the consummation of the transactions contemplated hereby and thereby
will not result in any violation of, or default under, any term or provision of
any organizational document, agreement, instrument, mortgage, loan, or similar
documents to which any Seller is a party or by which any Seller is bound.

          b.   No Condemnation.  There are no existing, or, to each Seller's
               ---------------
knowledge, pending or anticipated condemnation or similar proceedings against or
involving the Property or any portion thereof.

          c.   Agreements.  To each Seller's knowledge, there are no options or
               ----------
rights of first refusal, recorded or unrecorded, affecting the Property, nor any
other unrecorded agreements affecting the development or use of the Property.
<PAGE>

          d.   No Violations.  To each Seller's knowledge, each such Seller has
               -------------
not received written notice of any violation of any applicable law pertaining to
the Property, and neither any  Seller nor the Property is in violation of any
such applicable laws.

          e.   Further Encumbrances.  No Seller shall further encumber the
               --------------------
Property or allow an encumbrance upon the title to the Property, or modify the
terms or conditions of any existing leases, contracts or encumbrances, if any,
without the prior written consent of Buyer.

     8.   Notices.  All notices or other communications required or provided to
          -------
be sent by either party or by Escrow Agent shall be in writing and shall be sent
(i) by United States Postal Service, postage prepaid, certified, return receipt
requested; or (ii) by any nationally known overnight delivery service; or (iii)
by courier; or (iv) by facsimile transmission; or (v) in person; or (vi) by
electronic mail.  All notices shall be deemed to have been given forty-eight
(48) hours following deposit in the United States Postal Service or upon
personal delivery if sent by overnight delivery service, courier, facsimile
transmission, electronic mail, or personally delivered. All notices shall be
addressed to the party at the address below:

          If to Seller:       c/o Amerco Real Estate Company
                              2727 North Central Avenue
                              Phoenix, AZ  85004
                              Attn:  Carlos Vizcarra
                              Telephone No. (602) 263-6555

          If to Buyer:        Eighteen SAC Self-Storage Corporation
                              715 Country Club Drive
                              Mesa, AZ  85210
                              Telephone No. (602) 263-6534

          Any address or name specified above may be changed by notice given to
the addressee by the other party in accordance with this paragraph.  The
inability to deliver because of a changed address of which no notice was given,
or rejection or other refusal to accept any notice, shall be deemed to be the
receipt of the notice as of the date of such inability to deliver or rejection
or refusal to accept.  Any notice to be given by any party hereto may be given
by the counsel for such party.
<PAGE>

     9.   Seller's Remedies.  If Buyer shall materially breach any of the
          -----------------
material terms or provisions of this Agreement on or before the Closing, Seller
may waive such breach and close the escrow in accordance with the terms hereof,
or Seller may, as its exclusive remedy, terminate this Agreement and obtain
Fifty Thousand Dollars as liquidated damages and as consideration for the
acceptance of this Agreement and, if applicable, for taking the Property off the
market, and not as a penalty.  Buyer and each Seller acknowledge that it would
be impractical and extremely difficult to estimate the actual damages which
Seller may suffer as a result of a default by Buyer, and therefore, Buyer and
Seller agree that the foregoing amount of liquidated damages is calculated as a
reasonable estimate of the amount of damages likely to be suffered by Seller
under the circumstances existing at the time this Agreement is entered into.

     10.  Buyer's Remedies.  If any Seller materially breaches any of the
          ----------------
material terms or provisions of this Agreement, Buyer may either (i) terminate
this Agreement by written notice to each Seller, whereupon Buyer shall have the
right to pursue recovery of all actual out-of-pocket third party expenses
suffered or incurred by Buyer (including, without limitation, costs incurred in
connection with Buyer's or Buyer's proposed lender's feasibility, underwriting
or due diligence studies of the Property and any deposits paid to proposed
lenders) together with any other incidental, consequential or other monetary
damages incurred as a result of such breach, and thereafter neither party shall
have any further obligation or liability to the other; or (ii) waive such
default and consummate the transaction contemplated hereby in accordance with
the terms hereof; or (iii) seek specific performance or any other equitable
remedy for any default of Seller.

     11.  Survival of Covenants, Agreements, Representations and Warranties.
          -----------------------------------------------------------------
Except as otherwise may be limited by the specific terms of this Agreement, all
covenants, agreements, representations and warranties set forth in this
Agreement shall survive the Closing and shall not merge into any deed or other
instrument executed or delivered in connection with the transaction contemplated
hereby.

     12.  Indemnification.  Seller shall and does hereby agree to indemnify,
          ---------------
defend and forever hold Buyer harmless of and from any and all liability, claim
or damage attributable to a breach of representation or warranty herein or to
the Property or any other property or interest acquired in this transaction or
any contract assumed as part of this transaction arising prior to the Closing
Date hereunder, including, without limitation, all reasonable attorney's fees
and costs associated therewith.  Buyer shall and does hereby agree to indemnify,
defend and forever hold Seller harmless of and from any and all liability, claim
or damage attributable to a breach of representation or warranty herein or to
the Property or any other property or interest conveyed in this transaction or
any contract assigned as part of this transaction arising on and after the
Closing Date hereunder, including, without limitation, all reasonable attorney's
fees and costs associated therewith.

     13.  Modification of Agreement.  No modification of this Agreement shall be
          -------------------------
deemed effective unless in writing and signed by the parties hereto, and any
waiver granted shall not be deemed effective except for the instance and in the
circumstances particularly specified therein and unless in writing and executed
by the party against whom enforcement of the waiver is sought.
<PAGE>

     14.  Further Instruments.  Each party, promptly upon the request of the
          -------------------
other or upon the request of any escrow agent involved in the Closing, shall
execute and have acknowledged and delivered to the other or to such escrow
agent, as may be appropriate, any and all further instruments reasonably
requested or appropriate to evidence or give effect to the provisions of this
Agreement and which are consistent with the provisions hereof.

     15.  Entire Contract.  This Agreement (including the Exhibits hereto)
          ---------------
constitutes the entire contract between the parties with regard to the Property.
All terms and conditions contained in any other writings previously executed by
the parties and all other discussions, understandings or agreements regarding
the Property and the subject matter hereof shall be deemed to be superseded
hereby.

     16.  Inurement.  This Agreement shall be binding upon and inure to the
          ---------
benefit of the successors and assigns, if any, of the respective parties hereto.

     17.  Applicable Law.  This Agreement shall be governed by and construed in
          --------------
accordance with the laws of the State of Arizona.

     18.  Commissions.  Each party warrants and represents to the other that no
          -----------
real estate sales or brokerage commissions or like commissions are or may be due
in connection with this transaction as a result of the act of the party so
warranting.  Seller shall indemnify, defend and hold Buyer harmless from and
against any claims by Broker and any other third parties made by or through the
acts of Seller for real estate or brokerage commissions, or a finder's fee, in
connection with the transactions provided for herein, and all costs and expenses
incurred by Buyer in connection therewith including, but not limited to,
reasonable attorneys' fees.  Buyer shall indemnify, defend and hold Seller
harmless from and against any claims by third parties other than Broker made by
or through the acts of Buyer for real estate or brokerage commissions, or a
finder's fee, in connection with the transactions provided for herein, and all
costs and expenses incurred by Seller in connection therewith, including, but
not limited to, reasonable attorneys' fees.

     19.  Condemnation.  If, between the date of this Agreement and the Closing,
          ------------
any portion of the Property shall be taken or appropriated for public or
quasi-public use by right of eminent domain, or if proceedings in condemnation
or eminent domain shall be instituted or threatened, Buyer, at its option, may
elect to (i) terminate this Agreement by written notice to each Seller within
thirty (30) days following Buyer's receipt of written notice of such event,
whereupon the Earnest Money Deposit shall be returned to Buyer, and thereafter
neither party shall have any further obligation or liability hereunder, or
(ii) proceed with the purchase of the Property, in which event Buyer shall be
entitled to the condemnation proceeds relating to the Property.  If prior to the
Closing such proceeds are paid to any Seller, the amount of such proceeds paid
to such Seller shall be applicable towards the Purchase Price of the Property.

     20.  Construction.  The parties agree that each party and its counsel have
          ------------
reviewed and revised this Agreement and that any rule of construction to the
effect that ambiguities are to be resolved against the drafting party shall not
<PAGE>
apply in the interpretation of this Agreement or any Addendum, amendments or
Exhibits hereto.

     21.  Exhibits and Addenda.  All Exhibits and Addenda attached hereto and
          --------------------
referred to in this Agreement are incorporated herein by this reference and are
part of this Agreement.

     22.  Counterparts; Facsimile Signature.  This Agreement may be executed
          ---------------------------------
simultaneously or in counterparts, each of which counterpart shall be deemed an
original, but all of which together shall constitute one and the same Agreement.
Facsimile signatures of this Agreement are valid.

     23.  Miscellaneous.  The captions and paragraph headings used herein are
          -------------
for convenience and reference only and are not intended to define, limit or
describe the scope or intent of any provision of this Agreement.  When used
herein, the terms "include" or "including" shall mean without limitation by
reason of the enumeration.  All grammatical usage herein shall be deemed to
refer to the masculine, feminine, neuter, singular or plural as the identity of
the person or persons may require.  The term "person" shall include an
individual, corporation, partnership, trust, estate or any other entity.  The
words "herein," "hereof," "hereunder," and other similar compounds of the word
"here" when used in this Agreement shall refer to the entire Agreement and not
to any particular provision, section, exhibit or addenda.  If the last day of
any time period stated herein shall fall on a Saturday, Sunday or legal holiday,
then the duration of such time period shall be extended so that it shall end on
the next succeeding day which is not a Saturday, Sunday or legal holiday.
<PAGE>

          IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the Agreement Date.

BUYER:
Eighteen SAC Self-Storage Corporation

By:   /S/ Mark V. Shoen
      -----------------------------
Its:  President
      -----------------------------
<PAGE>

SELLER:

Amerco Real Estate Company, a Nevada
corporation

By:   /S/ Gary Vance Klinefelter
      -------------------------------
Its:  Secretary
      -------------------------------
<PAGE>

SELLER:

Amerco Real Estate Company of Texas, Inc.,
a Texas corporation

By:   /S/ Gary Vance Klinefelter
      -------------------------------
Its:  Secretary
      -------------------------------
<PAGE>

                                 Exhibit A

Centers   Address                 City             State and Name of Seller
706086    10400 S VIRGINA STREET  RENO             NV - AREC
717082    9650 CAMINO RUIZ        SAN DIEGO        CA - AREC
720059    55 EAST 3900 SOUTH      SALT LAKE CITY   UT - AREC
723030    6190 W CHANDLER BLVD    CHANDLER         AZ - AREC
741032    164 NORTH I-35 E        DENTON           TX - AREC of Texas
741034    1100 LOS RIOS           PLANO            TX - AREC of Texas
746072    11334 BELLAIRE BLVD     HOUSTON SOUTH    TX - AREC
796051    738 N BROADWAY          EAST PROVIDENCE  RI - AREC
803080    2800 WHITE PLAINS RD    BRONX            NY - AREC
810051    3001 MACARTHUR ROAD     WHITEHALL        PA - AREC
813047    2101 ROUTE 130          CINNAMINSON      NJ - AREC
816075    68075 RAMON ROAD        CATHEDRAL CITY   CA - AREC
834044    615 S HAVANA            AURORA SOUTH     CO - AREC
837051    844 MAIN ST             CAMBRIDGE        MA - AREC

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