Newbury Self Storage_Imóvel à venda
Newbury Self Storage_Imóvel à venda

Newbury Self Storage

131 Newburyport Turnpike, Newbury, MA, 01951, US

Descrição do ativo

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer to qualified investors the opportunity to acquire Newbury Self Storage (the “Property” or “Offering”), a Class A Storage Facility located in the affluent Newburyport MSA. The Property has undergone multiple expansions and is currently comprised of 12 single-story buildings totaling over 110,000 rentable square feet across 711 units (approximately 25% of units are climate controlled). In addition, there is an expansion opportunity on the remaining land detailed on page 9. A new owner would have the opportunity to immediately add value through continued leasing of the facility to physical stabilization. In addition, the implementation of a more aggressive ECRI Revenue Management Program will allow the new owner to further increase revenue after reaching physically stabilizing the Property. All-in-all, the Offering represents an excellent opportunity to acquire a well located, Class A self storage facility of scale in a market with limited supply and significant barriers to entry.

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Atributos

Área de construção líquida
10.307 m²
Ano de construção
2015
Ocupação
74,3%
Número de unidades
711
Chamada para ofertas
01/07/2025

Mídia

Destaques do investimento

SIGNIFICANT REVENUE UPSIDE


BEST-IN-CLASS FACILITY, HIGH BARRIERS TO ENTRY


WELL LOCATED, STRONG SURROUNDING DEMOGRAPHICS


EXPANSION OPPORTUNITY


RESILIENT ASSET CLASS

Newbury Self Storage 4_Imóvel à venda
Newbury Self Storage 4_Imóvel à venda

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Newbury Self Storage (0 Propriedades)

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Última atualização
3 de jun de 2025