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Self-Storage Facility

Lockwood Self Storage

100 Main St, Springfield, MA 01105

Listing Price: $975,000

Cap Rate
7.73%
Number of Units
28
Occupancy
95.0%
Rentable SF
7,050
Price/Rentable SF
$138.30
Year Built
2015

Investment Overview

Marcus & Millichap is pleased to offer for sale Lockwood Self Storage located in Springfield, Massachusetts. The site consists of 7,050 net rentable square feet with 26 non-climate controlled units and two parking spaces. The site has below market rents and consists of mostly larger units that cater to small businesses. It is a turnkey facility with Easy Storage Solutions management in place.

Investment Highlights

  • Springfield, Massachusetts Stabilized Self Storage Facility
  • Below Market Rents
  • 7,050 Net Rentable Square Feet
  • 26 Non-Climate-Controlled Units and Two Parking Spaces
  • Turnkey Facility with Easy Storage Solutions Management In-Place

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Self-Storage Facility

Lockwood Self Storage

Listing Price: $975,000

Cap Rate
7.73%
Number of Units
28
Occupancy
95.0%
Rentable SF
7,050
Price/Rentable SF
$138.30
Year Built
2015

Investment Highlights

  • Springfield, Massachusetts Stabilized Self Storage Facility
  • Below Market Rents
  • 7,050 Net Rentable Square Feet
  • 26 Non-Climate-Controlled Units and Two Parking Spaces
  • Turnkey Facility with Easy Storage Solutions Management In-Place

Investment Overview

Marcus & Millichap is pleased to offer for sale Lockwood Self Storage located in Springfield, Massachusetts. The site consists of 7,050 net rentable square feet with 26 non-climate controlled units and two parking spaces. The site has below market rents and consists of mostly larger units that cater to small businesses. It is a turnkey facility with Easy Storage Solutions management in place.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

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