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Self-Storage Facility

Irongate Self Storage

395 Woodland Rd, Hamburg, PA 19526

Listing Price: $900,000

Cap Rate
8.44%
Number of Units
75
Occupancy
94.4%
Rentable SF
12,040
Price/Rentable SF
$74.75
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to offer for sale Irongate Self Storage, a high-performing, pride-of-ownership storage facility located in Hamburg, Pennsylvania. This mom-and-pop–owned asset presents investors with a stable, income-generating property and a clear path for value enhancement through rental rate adjustments.

Strategically located on Woodland Road, just off Route 61 and near the intersection of Interstate 78, the property benefits from excellent highway connectivity to Reading, Allentown, and Harrisburg, positioning it as a convenient storage solution for both residential and commercial customers throughout Berks County and beyond.

The facility features 12,040 net rentable square feet (NRSF) of non-climate-controlled, drive-up units, plus three RV parking spaces, all within a fully fenced perimeter. Access is controlled via gated keypad entry, and the site is equipped with 24/7 video surveillance, ensuring a secure and customer-friendly experience. The layout and site design allow for easy drive-up accessibility, which is highly desirable in this market segment.

Currently 94% physically occupied, the property demonstrates strong in-place demand and operational efficiency. In addition, existing rental rates are approximately 25% below market averages, offering investors immediate upside through rate optimization.

Ownership has maintained the facility with care, and pride of ownership is evident throughout the property. With minimal capital improvements needed and strong fundamentals in place, Irongate Self Storage offers an outstanding opportunity for both seasoned operators and first-time buyers seeking to acquire a well-located, under-managed self-storage facility with meaningful upside potential.

Investment Highlights

  • 94% Physically Occupied
  • Rates 25% below market average
  • 72 Drive-Up NCC units totaling 12,040 NRSF
  • Economic Occupancy 85%
  • Located on Woodland Rd, just off Route 61 and near Route?78—providing excellent highway access to Reading, Allentown, and Harrisburg.
  • Easy drive-up access with fenced perimeter, gated entry, and 24/7 surveillance

Exclusively Listed By

Financing By

Self-Storage Facility

Irongate Self Storage

Listing Price: $900,000

Cap Rate
8.44%
Number of Units
75
Occupancy
94.4%
Rentable SF
12,040
Price/Rentable SF
$74.75
Year Built
1989

Investment Highlights

  • 94% Physically Occupied
  • Rates 25% below market average
  • 72 Drive-Up NCC units totaling 12,040 NRSF
  • Economic Occupancy 85%
  • Located on Woodland Rd, just off Route 61 and near Route?78—providing excellent highway access to Reading, Allentown, and Harrisburg.
  • Easy drive-up access with fenced perimeter, gated entry, and 24/7 surveillance

Investment Overview

Marcus & Millichap is pleased to offer for sale Irongate Self Storage, a high-performing, pride-of-ownership storage facility located in Hamburg, Pennsylvania. This mom-and-pop–owned asset presents investors with a stable, income-generating property and a clear path for value enhancement through rental rate adjustments. Strategically located on Woodland Road, just off Route 61 and near the intersection of Interstate 78, the property benefits from excellent highway connectivity to Reading, Allentown, and Harrisburg, positioning it as a convenient storage solution for both residential and commercial customers throughout Berks County and beyond. The facility features 12,040 net rentable square feet (NRSF) of non-climate-controlled, drive-up units, plus three RV parking spaces, all within a fully fenced perimeter. Access is controlled via gated keypad entry, and the site is equipped with 24/7 video surveillance, ensuring a secure and customer-friendly experience. The layout and site design allow for easy drive-up accessibility, which is highly desirable in this market segment. Currently 94% physically occupied, the property demonstrates strong in-place demand and operational efficiency. In addition, existing rental rates are approximately 25% below market averages, offering investors immediate upside through rate optimization. Ownership has maintained the facility with care, and pride of ownership is evident throughout the property. With minimal capital improvements needed and strong fundamentals in place, Irongate Self Storage offers an outstanding opportunity for both seasoned operators and first-time buyers seeking to acquire a well-located, under-managed self-storage facility with meaningful upside potential.

Exclusively Listed By

Financing By

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