Self-Storage Facility
CubeSmart Self Storage (Managed)
3 Keyes Way, West Warwick, RI 02893
Listing Price: $12,250,000
Investment Overview
Marcus & Millichap is pleased to offer for sale CubeSmart Self Storage (Managed) located in West Warwick, Rhode Island. This class A facility opened in July 2023 and features 530 climate-controlled units and 19 non-climate-controlled units totaling 57,150 net rentable square feet. The owners have site plans and approvals for a two-story, 50,000 NRSF expansion building that would be located behind the existing building. There are also rooftop solar panels adding $34,000 to gross income. The facility benefits from an affluent and growing market as well.
CubeSmart Self Storage (Managed)
Investment Highlights
- Providence MSA, Newly Built, Class-A Self Storage Facility
- Opened in July 2023
- 57,150 Net Rentable Square Feet
- 530 Climate-Controlled Units and 19 Non-Climate-Controlled Units
- Sellers Have Site Plans and Approvals for a Two-Story, 50,000 Net Rentable Square Foot Expansion Building Located Behind the Existing Building
Listing Price: $12,250,000
Investment Highlights
- Providence MSA, Newly Built, Class-A Self Storage Facility
- Opened in July 2023
- 57,150 Net Rentable Square Feet
- 530 Climate-Controlled Units and 19 Non-Climate-Controlled Units
- Sellers Have Site Plans and Approvals for a Two-Story, 50,000 Net Rentable Square Foot Expansion Building Located Behind the Existing Building
Investment Overview
Marcus & Millichap is pleased to offer for sale CubeSmart Self Storage (Managed) located in West Warwick, Rhode Island. This class A facility opened in July 2023 and features 530 climate-controlled units and 19 non-climate-controlled units totaling 57,150 net rentable square feet. The owners have site plans and approvals for a two-story, 50,000 NRSF expansion building that would be located behind the existing building. There are also rooftop solar panels adding $34,000 to gross income. The facility benefits from an affluent and growing market as well.
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