Self-Storage Facility
Extra Space Storage (Managed)
615 E 1st Ave, Roselle, NJ 07203
Listing Price: $23,000,000
Investment Overview
Extra Space Storage is a 1,093-unit, 85,678 net rentable square foot self-storage facility located in Roselle, NJ. Converted in 2019, this two-story self-storage building sits on approximately 1.97 acres of land and is 100 percent climate-controlled. The facility has a brick masonry exterior with newer TPO roofs and a well-maintained asphalt parking surface.
Extra Space Storage (Managed)
Investment Highlights
- The property is currently operating at 94 percent occupancybolstered by five square foot per capital and high occupancy across the trade area.
- Dense urban infill three-mile trade area with over 271,160 people, 97,726 households and average incomes exceeding $105,000 per year.
- Prime opportunity to acquire an investment grade infill self storage facility in the nation's largest MSA (New York/Newark).
Broker of Record
-
John Horowitz
Senior Managing Director / Market Leader
Listing Price: $23,000,000
Investment Highlights
- The property is currently operating at 94 percent occupancybolstered by five square foot per capital and high occupancy across the trade area.
- Dense urban infill three-mile trade area with over 271,160 people, 97,726 households and average incomes exceeding $105,000 per year.
- Prime opportunity to acquire an investment grade infill self storage facility in the nation's largest MSA (New York/Newark).
Investment Overview
Extra Space Storage is a 1,093-unit, 85,678 net rentable square foot self-storage facility located in Roselle, NJ. Converted in 2019, this two-story self-storage building sits on approximately 1.97 acres of land and is 100 percent climate-controlled. The facility has a brick masonry exterior with newer TPO roofs and a well-maintained asphalt parking surface.
Broker of Record
-
John Horowitz
Senior Managing Director / Market Leader
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