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Self-Storage Facility

Altitude Storage

440 W Swanzey Rd, Swanzey, NH 03446

Listing Price: $2,600,000

Cap Rate
3.14%
Occupancy
51.9%
Rentable SF
25,900
Price/Rentable SF
$100.39
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Altitude Self-Storage, a newly constructed, institutional-quality self-storage facility located at 440 W Swanzey Rd, Swanzey, NH 03446. Completed in 2024, the property features durable construction, a modern design, and a well-balanced unit mix designed to serve both residential and commercial tenants.

The facility is comprised of 194 total units, all Drive-Up, for a combined ±25,900 Net Rentable Square Feet (NRSF). Units range in size from 5x10 to 10x30, with an average size of 134 square feet, offering flexibility for a variety of storage needs. The modern design and convenient access position the property competitively against older facilities in the market.

Strategically located in Swanzey, New Hampshire, just minutes from Keene, the property benefits from strong demographics and favorable market positioning. Within a 10-mile radius, the population exceeds 46,000 residents, with median household incomes above the national average. Market fundamentals are further supported by limited pipeline risk, with no planned or under-construction facilities within a 3-mile radius, and only two projects identified within 10 miles.

With its new construction, favorable demographics, limited competitive supply, and strong lease-up potential, Altitude Self-Storage represents a compelling investment opportunity. The property offers immediate stability with significant upside as occupancy continues to build, making it an attractive addition to any storage portfolio.

Investment Highlights

  • Newer Construction - Built in mid-year of 2024
  • 194 Non-Climate Drive-Up Units totaling 25,900 NRSQFT
  • 46,000 Residents within a 10 - mile radius
  • No planned or under construction within a 3-mile radius
  • Property is fenced with gate system and uses Storable Software

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) NH: 077795

    New Hampshire

Financing By

Self-Storage Facility

Altitude Storage

Listing Price: $2,600,000

Cap Rate
3.14%
Occupancy
51.9%
Rentable SF
25,900
Price/Rentable SF
$100.39
Year Built
2024

Investment Highlights

  • Newer Construction - Built in mid-year of 2024
  • 194 Non-Climate Drive-Up Units totaling 25,900 NRSQFT
  • 46,000 Residents within a 10 - mile radius
  • No planned or under construction within a 3-mile radius
  • Property is fenced with gate system and uses Storable Software

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Altitude Self-Storage, a newly constructed, institutional-quality self-storage facility located at 440 W Swanzey Rd, Swanzey, NH 03446. Completed in 2024, the property features durable construction, a modern design, and a well-balanced unit mix designed to serve both residential and commercial tenants. The facility is comprised of 194 total units, all Drive-Up, for a combined ±25,900 Net Rentable Square Feet (NRSF). Units range in size from 5x10 to 10x30, with an average size of 134 square feet, offering flexibility for a variety of storage needs. The modern design and convenient access position the property competitively against older facilities in the market. Strategically located in Swanzey, New Hampshire, just minutes from Keene, the property benefits from strong demographics and favorable market positioning. Within a 10-mile radius, the population exceeds 46,000 residents, with median household incomes above the national average. Market fundamentals are further supported by limited pipeline risk, with no planned or under-construction facilities within a 3-mile radius, and only two projects identified within 10 miles. With its new construction, favorable demographics, limited competitive supply, and strong lease-up potential, Altitude Self-Storage represents a compelling investment opportunity. The property offers immediate stability with significant upside as occupancy continues to build, making it an attractive addition to any storage portfolio.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): NH: 077795

    New Hampshire

Financing By

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