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Self-Storage Facility

CubeSmart Self Storage (Managed)

136 Atlantic City Blvd, Bayville, NJ 08721

Listing Price: $17,000,000

Cap Rate
2.53%
Number of Units
663
Occupancy
50.0%
Rentable SF
79,872
Price/Rentable SF
$212.84
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to offer for sale CubeSmart Self Storage (Managed) located in Bayville, New Jersey. This facility features five single-story buildings comprising 326 climate-controlled units and 315 non-climate units totaling 79,872 net rentable square feet. This facility benefits from a dense, affluent, and growing surrounding population. CubeSmart Self Storage (Managed) sits on 8.70 acres of land and is located about 40 miles from both Philadelphia and New York City.

Investment Highlights

  • Bayville, New Jersey Self Storage Offering
  • Recently Opened in April 2024
  • 79,872 Net Rentable Square Feet
  • 326 Climate Controlled Units and 315 Non-Climate Units
  • Located about 40 Miles From Philadelphia & New York City

Broker of Record

  • John Horowitz

    Senior Vice President/Division Manager

    (201) 742-6100

    License(s) NJ: 2192359

    New Jersey

Financing By

Self-Storage Facility

CubeSmart Self Storage (Managed)

Listing Price: $17,000,000

Cap Rate
2.53%
Number of Units
663
Occupancy
50.0%
Rentable SF
79,872
Price/Rentable SF
$212.84
Year Built
2024

Investment Highlights

  • Bayville, New Jersey Self Storage Offering
  • Recently Opened in April 2024
  • 79,872 Net Rentable Square Feet
  • 326 Climate Controlled Units and 315 Non-Climate Units
  • Located about 40 Miles From Philadelphia & New York City

Investment Overview

Marcus & Millichap is pleased to offer for sale CubeSmart Self Storage (Managed) located in Bayville, New Jersey. This facility features five single-story buildings comprising 326 climate-controlled units and 315 non-climate units totaling 79,872 net rentable square feet. This facility benefits from a dense, affluent, and growing surrounding population. CubeSmart Self Storage (Managed) sits on 8.70 acres of land and is located about 40 miles from both Philadelphia and New York City.

Broker of Record

  • John Horowitz

    Senior Vice President/Division Manager

    (201) 742-6100

    License(s): NJ: 2192359

    New Jersey

Financing By

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