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Self-Storage Facility

Highlands Self Storage

178 N Church Rd, Hardyston, NJ 07416

Listing Price: Request For Offer

Number of Units
560
Occupancy
87.6%
Gross SF
70,360
Rentable SF
53,865
Year Built
2006

Investment Overview

Highlands Self Storage was built in 2006 and it's the premier self storage facility in Sussex County, NJ. The property features temperature controlled, drive up, wine and outside parking options across the facilities 53,865 NRSF. The facility has been built and operated by the original owners since the properties inception. Pride of ownership is evident throughout the property and no cost or corner was cut in the development of this facility. A 15,000 GSF expansion was completed in 2021, and it was filled to capacity within 6 months of completion. The property features a section of the property that has been designed specifically for wine storage, and it's tied to a back up generator to maintain temperatures in the event of a power outage. Additionally, the property has roof installed solar panels to assist with the reduction in energy expenses. The property features electronic gate access, keypad access to interior hallways units, security cameras, fencing surrounding the facility, interior hallway lighting that turns on when a gate code is validated, exterior drive aisle lighting, paved drive aisles, second floor elevator access, managers office and a nicely finished rental office with packing and moving supplies

Investment Highlights

  • Unit and SF Occupancy over 97%
  • Expansion of 15,000 GSF completed in 2021
  • Economic Occupancy of 91%
  • Single property ownership group
  • In place tenant rates of $19 SF Annually
  • Delinquency of 3% over 30 days past due

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Self-Storage Facility

Highlands Self Storage

Listing Price: Request For Offer

Number of Units
560
Occupancy
87.6%
Gross SF
70,360
Rentable SF
53,865
Year Built
2006

Investment Highlights

  • Unit and SF Occupancy over 97%
  • Expansion of 15,000 GSF completed in 2021
  • Economic Occupancy of 91%
  • Single property ownership group
  • In place tenant rates of $19 SF Annually
  • Delinquency of 3% over 30 days past due

Investment Overview

Highlands Self Storage was built in 2006 and it's the premier self storage facility in Sussex County, NJ. The property features temperature controlled, drive up, wine and outside parking options across the facilities 53,865 NRSF. The facility has been built and operated by the original owners since the properties inception. Pride of ownership is evident throughout the property and no cost or corner was cut in the development of this facility. A 15,000 GSF expansion was completed in 2021, and it was filled to capacity within 6 months of completion. The property features a section of the property that has been designed specifically for wine storage, and it's tied to a back up generator to maintain temperatures in the event of a power outage. Additionally, the property has roof installed solar panels to assist with the reduction in energy expenses. The property features electronic gate access, keypad access to interior hallways units, security cameras, fencing surrounding the facility, interior hallway lighting that turns on when a gate code is validated, exterior drive aisle lighting, paved drive aisles, second floor elevator access, managers office and a nicely finished rental office with packing and moving supplies

Broker of Record

  • John Horowitz

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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