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Self-Storage Facility

Millfair Self Storage

6000 Sterrettania Rd, Fairview, PA 16415

Listing Price: $9,250,000

Cap Rate
5.77%
Number of Units
479
Occupancy
95.0%
Rentable SF
61,300
Price/Rentable SF
$150.90
Year Built
2010

Investment Overview

Marcus & Millichap is pleased to offer for sale Millfair Self Storage located in Fairview, Pennsylvania. This property was built in 2010 and features 159 climate-controlled units and 311 non-climate-controlled units totaling 61,300 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from excellent street frontage and an affluent surrounding population. Millfair Self Storage sits on 11.10 acres of land and is located about eight miles south-west of Erie, Pennsylvania.

Investment Highlights

  • Erie, Pennsylvania Stabilized Self-Storage Offering with Large Upside
  • 61,300 Net Rentable Square Feet | 159 Climate-Controlled Units | 311 Non-Climate-Controlled Units
  • 95.29 Percent Physical Occupancy
  • Additional 5.7 Acres Included in Sale Down the Street Ready for Expansion

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Self-Storage Facility

Millfair Self Storage

Listing Price: $9,250,000

Cap Rate
5.77%
Number of Units
479
Occupancy
95.0%
Rentable SF
61,300
Price/Rentable SF
$150.90
Year Built
2010

Investment Highlights

  • Erie, Pennsylvania Stabilized Self-Storage Offering with Large Upside
  • 61,300 Net Rentable Square Feet | 159 Climate-Controlled Units | 311 Non-Climate-Controlled Units
  • 95.29 Percent Physical Occupancy
  • Additional 5.7 Acres Included in Sale Down the Street Ready for Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale Millfair Self Storage located in Fairview, Pennsylvania. This property was built in 2010 and features 159 climate-controlled units and 311 non-climate-controlled units totaling 61,300 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from excellent street frontage and an affluent surrounding population. Millfair Self Storage sits on 11.10 acres of land and is located about eight miles south-west of Erie, Pennsylvania.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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