Self-Storage Facility
University Self Storage
1911 S University Blvd, Middletown, OH 45044
Listing Price: $2,650,000
Investment Overview
Marcus & Millichap is delighted to present University Self Storage, a prime investment opportunity in Middletown, Ohio. This property features seven buildings spread across 3.91 acres, offering 33,950 rentable square feet across 217 non-climate-controlled units, along with 45 outdoor parking spaces.
Property Highlights:
• Strategic Location: Situated within a bustling industrial and manufacturing corridor, University Self Storage benefits from high visibility with approximately 16,000 vehicles passing daily along South University Boulevard.
• Upside Potential: The property presents significant upside opportunities, including the potential to increase in-place rents to meet the market, enhancing overall revenue.
• Well-Maintained Asset: Investors will acquire a well-built and maintained self-storage facility, ensuring long-term value and operational efficiency.
Location Benefits: Middletown, Ohio, located between Dayton and Cincinnati, is a vibrant city with a rich industrial heritage. Known as a steel town and the birthplace of Vice President-Elect JD Vance, Middletown is poised for economic growth. Cleveland-Cliffs Middletown Works has announced a $1.8 billion plan to implement environmentally friendly systems, creating 1,200 construction jobs and boosting the local economy.
Community and Lifestyle: Middletown is not only a strong, hardworking community but also boasts a robust cultural history with numerous memorials, museums, and other attractions. Nestled along the Great Miami River, the city offers residents a variety of outdoor activities, scenic trails, beautiful parks, and serene river views.
Investment Highlights
- 33,950 Rentable Square Feet | 217 Non-Climate-Controlled Units and 45 Parking Spaces
- Additional Storage Building Added in 2022
- Potential for Significant ECRI's
- Opportunity to Raise In-Place Rents to Meet Market Rates
Listing Price: $2,650,000
Investment Highlights
- 33,950 Rentable Square Feet | 217 Non-Climate-Controlled Units and 45 Parking Spaces
- Additional Storage Building Added in 2022
- Potential for Significant ECRI's
- Opportunity to Raise In-Place Rents to Meet Market Rates
Investment Overview
Marcus & Millichap is delighted to present University Self Storage, a prime investment opportunity in Middletown, Ohio. This property features seven buildings spread across 3.91 acres, offering 33,950 rentable square feet across 217 non-climate-controlled units, along with 45 outdoor parking spaces. Property Highlights: • Strategic Location: Situated within a bustling industrial and manufacturing corridor, University Self Storage benefits from high visibility with approximately 16,000 vehicles passing daily along South University Boulevard. • Upside Potential: The property presents significant upside opportunities, including the potential to increase in-place rents to meet the market, enhancing overall revenue. • Well-Maintained Asset: Investors will acquire a well-built and maintained self-storage facility, ensuring long-term value and operational efficiency. Location Benefits: Middletown, Ohio, located between Dayton and Cincinnati, is a vibrant city with a rich industrial heritage. Known as a steel town and the birthplace of Vice President-Elect JD Vance, Middletown is poised for economic growth. Cleveland-Cliffs Middletown Works has announced a $1.8 billion plan to implement environmentally friendly systems, creating 1,200 construction jobs and boosting the local economy. Community and Lifestyle: Middletown is not only a strong, hardworking community but also boasts a robust cultural history with numerous memorials, museums, and other attractions. Nestled along the Great Miami River, the city offers residents a variety of outdoor activities, scenic trails, beautiful parks, and serene river views.