Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Heartland Storage 4 Property Portfolio in Indiana and Illinois. The portfolio is undergoing some expansion and once complete will feature 207,672 net rentable square feet across 1,655 total units. All of the sites are in affluent markets with dense surrounding populations. Indiana recently passed a favorable tax law as well that requires the assessor to value the property using the lowest of the three valuation methods. The law also requires the assessor to exclude business value, which is any value in excess of replacement cost less depreciation.