Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Fulmer Self-Storage, a newly constructed, institutional-quality self-storage facility located at 101 Fulmer Ave, Akron, OH 44312. Completed in mid-2023, the property features durable construction, a modern design, and a strong unit mix designed to serve both residential and commercial tenants. The facility is comprised of 97 total units, including 20 Climate-Controlled Units, 72 Drive-Up Units, and 5 Contractor Bays, for a combined ±19,400 Net Rentable Square Feet (NRSF). The inclusion of contractor bays provides a unique revenue stream and positions the property to capture additional demand from small businesses and tradespeople in the market. Strategically situated in Akron, Ohio, Fulmer Self-Storage benefits from a dense, established trade area supported by strong demographics. Within a 3-mile radius, the population exceeds 79,000 residents, while a 5-mile radius encompasses more than 173,000 residents. Market fundamentals are favorable, with low storage saturation—1.6 SF per capita within 1 mile and 6.9 SF per capita within 3 miles—and no planned or under-construction facilities within a 5-mile radius. These dynamics create a highly supportive environment for absorption and rental growth. With its new construction, favorable demographics, lack of new supply, and diversified tenant appeal, Fulmer Self-Storage represents a compelling investment opportunity. The property offers immediate cash flow security with strong long-term growth potential, making it an attractive addition to any storage portfolio.