Skip to main content

Self-Storage Facility

Storway Self Storage

2727 Olyphant Ave, Scranton, PA 18509

Listing Price: $2,100,000

Cap Rate
5.21%
Number of Units
133
Occupancy
76.6%
Gross SF
16,950
Rentable SF
16,950
Price/Rentable SF
$123.89
Year Built
2007

Investment Overview

Marcus & Millichap is pleased to offer for sale Storway Self Storage located in Scranton, Pennsylvania. This property was built in 2007 and features 133 non-climate controlled units totaling 16,950 net rentable square feet. This property benefits from a dense surrounding population and undersaturated self storage market. Storway Self Storage sits on 1.13 acres of land and is located about two miles north-east of downtown Scranton.

Investment Highlights

  • 133 Non-Climate Controlled Units
  • Stabilized Facility: 95.86 Percent Physical Occupancy
  • Plans for a 22,000 Net Rentable Square Feet Non-Climate Controlled Expansion
  • Scranton, Pennsylvania Self Storage Offering
  • 16,950 Net Rentable Square Feet

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Self-Storage Facility

Storway Self Storage

Listing Price: $2,100,000

Cap Rate
5.21%
Number of Units
133
Occupancy
76.6%
Gross SF
16,950
Rentable SF
16,950
Price/Rentable SF
$123.89
Year Built
2007

Investment Highlights

  • 133 Non-Climate Controlled Units
  • Stabilized Facility: 95.86 Percent Physical Occupancy
  • Plans for a 22,000 Net Rentable Square Feet Non-Climate Controlled Expansion
  • Scranton, Pennsylvania Self Storage Offering
  • 16,950 Net Rentable Square Feet

Investment Overview

Marcus & Millichap is pleased to offer for sale Storway Self Storage located in Scranton, Pennsylvania. This property was built in 2007 and features 133 non-climate controlled units totaling 16,950 net rentable square feet. This property benefits from a dense surrounding population and undersaturated self storage market. Storway Self Storage sits on 1.13 acres of land and is located about two miles north-east of downtown Scranton.

Broker of Record

  • Sean Beuche

    Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

MM Texture Background
MM Textured Background Lower