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Self-Storage Facility

Self-Stor-It

1490 Highland Ave, Cheshire, CT 06410

Listing Price: $3,250,000

Cap Rate
4.63%
Number of Units
273
Occupancy
75.0%
Rentable SF
18,385
Price/Rentable SF
$176.77
Year Built
2014

Investment Overview

Marcus & Millichap is pleased to offer for sale Cheshire Self Storage. This is a newly converted self -storage facility located in Cheshire, Connecticut. This building was originally built in 2014 and converted into a self-storage facility in 2021. The facility should receive its certificate of occupancy this Fall. The newly converted site features 273 climate-controlled units totaling 18,385 net rentable square feet. Cheshire Self Storage will benefit from a dense, affluent, and growing surrounding population. The average household income of those living within one mile of the facility is $173,605. Cheshire, Connecticut is a growing market located about 19 miles south south-west of Hartford, Connecticut.

Investment Highlights

  • Cheshire, Connecticut Newly Built Self-Storage Facility
  • 2021 Conversion
  • Building Being Sold is Part of a Condominium Association
  • 18,385 Net Rentable Square Feet | 273 Climate-Controlled Units

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s) CT: REB.0752012

    Connecticut

Financing By

Listing Price: $3,250,000

Cap Rate
4.63%
Number of Units
273
Occupancy
75.0%
Rentable SF
18,385
Price/Rentable SF
$176.77
Year Built
2014

Investment Highlights

  • Cheshire, Connecticut Newly Built Self-Storage Facility
  • 2021 Conversion
  • Building Being Sold is Part of a Condominium Association
  • 18,385 Net Rentable Square Feet | 273 Climate-Controlled Units

Investment Overview

Marcus & Millichap is pleased to offer for sale Cheshire Self Storage. This is a newly converted self -storage facility located in Cheshire, Connecticut. This building was originally built in 2014 and converted into a self-storage facility in 2021. The facility should receive its certificate of occupancy this Fall. The newly converted site features 273 climate-controlled units totaling 18,385 net rentable square feet. Cheshire Self Storage will benefit from a dense, affluent, and growing surrounding population. The average household income of those living within one mile of the facility is $173,605. Cheshire, Connecticut is a growing market located about 19 miles south south-west of Hartford, Connecticut.

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    (203) 672-3300

    License(s): CT: REB.0752012

    Connecticut

Financing By

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