Self-Storage Facility
All Purpose Storage - East Haven
42 Thompson St, East Haven, CT 06513
Listing Price: $3,000,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale All Purpose Storage East Haven located just three miles from downtown New Haven at 42 Thompson Street in East Haven, Connecticut. The facility currently features 114 non-climate-controlled units that make up 15,808 net rentable square feet. Additionally, there are five retail units, three office spaces, three apartment units, and three warehouse units. The facility was opened in 1987, was renovated in 2002, and is situated on 1.55 acres of land. The facility has been able to maintain strong historical occupancy rates and is currently 97.66 percent physically occupied.
All Purpose Storage - East Haven
Investment Highlights
- Southern Connecticut Stabilized Self-Storage Facility
- 97.66 Percent Physical Occupancy
- Undersupplied Self Storage Market: Only 5.41 Net Rentable Square Feet Per Capita Within Five Miles
- Opportunity to Greatly Increase Tenant Insurance Revenue and Drive Other Ancillary Income Streams
Listing Price: $3,000,000
Investment Highlights
- Southern Connecticut Stabilized Self-Storage Facility
- 97.66 Percent Physical Occupancy
- Undersupplied Self Storage Market: Only 5.41 Net Rentable Square Feet Per Capita Within Five Miles
- Opportunity to Greatly Increase Tenant Insurance Revenue and Drive Other Ancillary Income Streams
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale All Purpose Storage East Haven located just three miles from downtown New Haven at 42 Thompson Street in East Haven, Connecticut. The facility currently features 114 non-climate-controlled units that make up 15,808 net rentable square feet. Additionally, there are five retail units, three office spaces, three apartment units, and three warehouse units. The facility was opened in 1987, was renovated in 2002, and is situated on 1.55 acres of land. The facility has been able to maintain strong historical occupancy rates and is currently 97.66 percent physically occupied.
