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Self-Storage Facility

Security Self Storage 2 Property Portfolio

52 N Plains Industrial Rd, Wallingford, CT 06492

Listing Price: $6,250,000

Cap Rate
6.15%
Number of Units
378
Occupancy
98.0%
Gross SF
45,587
Rentable SF
45,587
Price/Rentable SF
$137.10
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to offer for sale the Security Storage Two Property Portfolio located in central Connecticut. These properties were built in 1983 and 1985 and combine to feature 345 non-climate-controlled units and 33 parking spaces totaling 45,587 net rentable square feet. These are stabilized and cash flowing facilities that benefit from a dense and affluent surrounding population. The Security Storage Two Property Portfolio combines to sit on 3.42 acres of land and are separated by about four miles.

Investment Highlights

  • Connecticut Two Property Self-Storage Portfolio
  • Combined 45,587 Net Rentable Square Feet; 345 Non-Climate-Controlled Units; 33 Parking Spaces
  • Stabilized Facilities: Combined Physical Occupancy of 98.39 Percent
  • Each Facility has Excellent Street Visibility

Exclusively Listed By

Financing By

Self-Storage Facility

Security Self Storage 2 Property Portfolio

Listing Price: $6,250,000

Cap Rate
6.15%
Number of Units
378
Occupancy
98.0%
Gross SF
45,587
Rentable SF
45,587
Price/Rentable SF
$137.10
Year Built
1983

Investment Highlights

  • Connecticut Two Property Self-Storage Portfolio
  • Combined 45,587 Net Rentable Square Feet; 345 Non-Climate-Controlled Units; 33 Parking Spaces
  • Stabilized Facilities: Combined Physical Occupancy of 98.39 Percent
  • Each Facility has Excellent Street Visibility

Investment Overview

Marcus & Millichap is pleased to offer for sale the Security Storage Two Property Portfolio located in central Connecticut. These properties were built in 1983 and 1985 and combine to feature 345 non-climate-controlled units and 33 parking spaces totaling 45,587 net rentable square feet. These are stabilized and cash flowing facilities that benefit from a dense and affluent surrounding population. The Security Storage Two Property Portfolio combines to sit on 3.42 acres of land and are separated by about four miles.

Exclusively Listed By

Financing By

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