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Self-Storage Facility

Roo Self Storage

610 New Britain Ave, Farmington, CT 06032

Listing Price: $2,150,000

Cap Rate
5.56%
Number of Units
150
Occupancy
100.0%
Gross SF
14,288
Rentable SF
14,288
Price/Rentable SF
$150.48
Year Built
2001

Investment Overview

Marcus & Millichap is pleased to offer for sale Roo Self Storage located in Farmington, Connecticut. This facility features 115 non-climate-controlled units, two storage sheds, and 33 outdoor parking spaces totaling 14,288 net rentable square feet. The site has room for expansion and will further benefit from renting the variety of units that the owners currently occupy. There are around 1,200 residential and multi-family units being developed in the area as well which will bring in new demand to the facility that is already 100 percent occupied.

Investment Highlights

  • Hartford, Connecticut MSA Self-Storage Offering with Expansion Upside
  • 14,288 Net Rentable Square Feet
  • 115 Non-Climate Units, Two Storage Sheds, and 33 Outdoor Parking Spaces
  • Stabilized Facility: 100 Percent Physical Occupancy with a Waiting List
  • Seller Currently Occupies Two Shed Units, Three Storage Units, and Four Parking Spaces that Could be Rented Out for Additional Upside

Exclusively Listed By

Financing By

Self-Storage Facility

Roo Self Storage

Listing Price: $2,150,000

Cap Rate
5.56%
Number of Units
150
Occupancy
100.0%
Gross SF
14,288
Rentable SF
14,288
Price/Rentable SF
$150.48
Year Built
2001

Investment Highlights

  • Hartford, Connecticut MSA Self-Storage Offering with Expansion Upside
  • 14,288 Net Rentable Square Feet
  • 115 Non-Climate Units, Two Storage Sheds, and 33 Outdoor Parking Spaces
  • Stabilized Facility: 100 Percent Physical Occupancy with a Waiting List
  • Seller Currently Occupies Two Shed Units, Three Storage Units, and Four Parking Spaces that Could be Rented Out for Additional Upside

Investment Overview

Marcus & Millichap is pleased to offer for sale Roo Self Storage located in Farmington, Connecticut. This facility features 115 non-climate-controlled units, two storage sheds, and 33 outdoor parking spaces totaling 14,288 net rentable square feet. The site has room for expansion and will further benefit from renting the variety of units that the owners currently occupy. There are around 1,200 residential and multi-family units being developed in the area as well which will bring in new demand to the facility that is already 100 percent occupied.

Exclusively Listed By

Financing By

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