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Self-Storage Facility

Northern Indiana Two Property Portfolio

550 W Jefferson St, Culver, IN 46511

Listing Price: $8,500,000

Cap Rate
2.30%
Number of Units
598
Occupancy
52.0%
Gross SF
133,200
Rentable SF
133,200
Price/Rentable SF
$63.81
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to offer for sale this Northern Indiana Two Property Portfolio. The facilities are located in Culver and Knox, Indiana and are about 9 miles apart. They combine to feature 598 non-climate-controlled units and 133,200 net rentable square feet. Both sites benefit from excellent visibility and close proximity to lakes in the region.

Investment Highlights

  • Northern Indiana, Newly Built Two Property Self Storage Portfolio
  • Facilities are Located about 9 Miles Apart
  • Properties are Being Offered Together; Separate Offers for Individual Properties will be Considered
  • 133,200 Total Combined Net Rentable Square Feet
  • 598 Total Non-Climate-Controlled Self Storage Units

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Self-Storage Facility

Northern Indiana Two Property Portfolio

Listing Price: $8,500,000

Cap Rate
2.30%
Number of Units
598
Occupancy
52.0%
Gross SF
133,200
Rentable SF
133,200
Price/Rentable SF
$63.81
Year Built
2020

Investment Highlights

  • Northern Indiana, Newly Built Two Property Self Storage Portfolio
  • Facilities are Located about 9 Miles Apart
  • Properties are Being Offered Together; Separate Offers for Individual Properties will be Considered
  • 133,200 Total Combined Net Rentable Square Feet
  • 598 Total Non-Climate-Controlled Self Storage Units

Investment Overview

Marcus & Millichap is pleased to offer for sale this Northern Indiana Two Property Portfolio. The facilities are located in Culver and Knox, Indiana and are about 9 miles apart. They combine to feature 598 non-climate-controlled units and 133,200 net rentable square feet. Both sites benefit from excellent visibility and close proximity to lakes in the region.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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