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Self-Storage Facility

Maine Three Property Portfolio

1203 Eastern Ave, Chelsea, ME 04330

Listing Price: $4,500,000

Cap Rate
5.47%
Number of Units
296
Occupancy
95.0%
Gross SF
45,690
Rentable SF
45,690
Price/Rentable SF
$98.49
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Maine Three Property Portfolio located in Chelsea and Vassalboro, Maine. This portfolio consists of 296 non-climate-controlled and portable units that make up 45,690 net rentable square feet. There is room for expansion at all three sites and they all benefit from good street frontage and strong daily traffic counts of at least 8,000 cars per day.

Investment Highlights

  • Southern Maine Three Property Self-Storage Portfolio
  • All Three Locations are Within Half a Mile-Eight Miles Apart
  • Combined 45,690 Net Rentable Square Feet
  • 296 Non-Climate-Controlled, Portable, and Rental Space Units
  • Below Market Rents

Exclusively Listed By

Broker of Record

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7220

    License(s) ME: DB904355

    Maine

Financing By

Self-Storage Facility

Maine Three Property Portfolio

Listing Price: $4,500,000

Cap Rate
5.47%
Number of Units
296
Occupancy
95.0%
Gross SF
45,690
Rentable SF
45,690
Price/Rentable SF
$98.49
Year Built
2008

Investment Highlights

  • Southern Maine Three Property Self-Storage Portfolio
  • All Three Locations are Within Half a Mile-Eight Miles Apart
  • Combined 45,690 Net Rentable Square Feet
  • 296 Non-Climate-Controlled, Portable, and Rental Space Units
  • Below Market Rents

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Maine Three Property Portfolio located in Chelsea and Vassalboro, Maine. This portfolio consists of 296 non-climate-controlled and portable units that make up 45,690 net rentable square feet. There is room for expansion at all three sites and they all benefit from good street frontage and strong daily traffic counts of at least 8,000 cars per day.

Exclusively Listed By

Broker of Record

  • James M. Koury

    Senior Managing Director Investments

    (617) 896-7220

    License(s): ME: DB904355

    Maine

Financing By

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