Investment Overview

The Storage Inn is a family owned and operated self storage facility and it has remained family operated since the properties inception. The property features 107,931 +/- NRSF between drive up storage, interior non-climate, and climate controlled storage. The property offers a number of amenities for tenants including; business office, security cameras, electronic gate access and exit, paved drive aisles, security fencing, rental office and moving truck and van. The property owners added solar to the property to help with reducing the electric bill, an "On The Move" rental truck and van for tenant use and the entire property was re-paved in 2019. The Storage Inn is located in Egg Harbor Twp, NJ within 7 miles of popular shore destinations such as Ventor City, Margate City, Atlantic City and Brigantine. The property is positioned just off of the Atlantic City Expressway, which is the major artery between NJ shore destinations and Philadelphia. Within a 5- mile radius of the property is a population of almost 90,000 people with a median household income of just over $86,000 annually. The property has enjoyed historically high occupancy and over the trailing 12 months has fluctuated between 84% and 94%. Opportunities for future rent and occupancy growth could be captured through a new website that offers online rental capabilities, increased SEO spend, revenue management, delinquency enforcement, call center implementation and dynamic street rate pricing. The Storage Inn has been maintained at a very high level with meticulous attention to detail. The property has aged well with the owner investing considerably into capital improvements since the properties inception. Pride of ownership is evident throughout the property. The Storage Inn is an opportunity to acquire a stabilized facility with an excellent reputation in the market, and known for a high level of customer service, which is demonstrated in 92 Google Reviews with a 4.7 Google review rating.