Investment Overview

Marcus & Millichap is pleased to present the Maxwell Self Storage Portfolio, located in Montgomery, AL. This portfolio consists of three properties totaling 718 units and 119,246 rentable square feet. Each facility features a newly renovated office and apartment. The three properties are within three miles of each other. The portfolio is in close proximity to Maxwell Air Force Base, which is home to more than 12,500 active-duty, reserve, civilian, and contractor personnel. This presence creates a significant economic and cultural impact on the Montgomery area, with a steady influx of military personnel and their families who often need storage solutions for their personal belongings. The portfolio currently has an occupancy rate of approximately 76% for the self-storage units. This presents a promising opportunity for investors through potential stabilization. One of the apartments is rented, while the other two are newly renovated and vacant. Additionally, there is a newly renovated restaurant space at the 1951 Bell Street location, which is rented and generating $3,500 a month until January 31, 2027.