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Self-Storage Facility

Budget Self Storage

225 Boston Ave, Bridgeport, CT 06610

Listing Price: $2,300,000

Cap Rate
0.27%
Number of Units
383
Occupancy
26.3%
Gross SF
36,697
Rentable SF
36,697
Price/Rentable SF
$62.68
Year Built
1942

Investment Overview

Marcus & Millichap is pleased to offer for sale Budget Self Storage located in Bridgeport, Connecticut. This property features 381 non-climate controlled units, one retail tenant, and one vacant space totaling 36,697 net rentable square feet. This property benefits from a dense and affluent surrounding population. Budget Self Storage sits on 1.47 acres of land and is located about 45 miles north-east of New York City.

Investment Highlights

  • Southern Connecticut/New York City MSA Value Add Self-Storage Opportunity
  • Room for Expansion
  • 36,697 Net Rentable Square Feet
  • 383 Units Below Market Rents in a High Rent Market

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s) CT: REB.0752012

    Connecticut

Self-Storage Facility

Budget Self Storage

Listing Price: $2,300,000

Cap Rate
0.27%
Number of Units
383
Occupancy
26.3%
Gross SF
36,697
Rentable SF
36,697
Price/Rentable SF
$62.68
Year Built
1942

Investment Highlights

  • Southern Connecticut/New York City MSA Value Add Self-Storage Opportunity
  • Room for Expansion
  • 36,697 Net Rentable Square Feet
  • 383 Units Below Market Rents in a High Rent Market

Investment Overview

Marcus & Millichap is pleased to offer for sale Budget Self Storage located in Bridgeport, Connecticut. This property features 381 non-climate controlled units, one retail tenant, and one vacant space totaling 36,697 net rentable square feet. This property benefits from a dense and affluent surrounding population. Budget Self Storage sits on 1.47 acres of land and is located about 45 miles north-east of New York City.

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s): CT: REB.0752012

    Connecticut

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