Self-Storage Facility
Mars-Evans City Self Storage
1170 Mars-Evans City Rd, Mars, PA 16046
Listing Price: $20,400,000
Investment Overview
Marcus & Millichap is pleased to offer for sale Mars-Evans City Self Storage located in Mars, Pennsylvania. This facility features 50 climate controlled units, 691 non-climate units, and 187 parking spaces totaling 137,362 net rentable square feet. The site has undergone many expansions over the years with the most recent being completed in 2023. The net rentable square feet have increased roughly 45% over the past 7 years and the gross revenue has increased roughly 70% over the past 7 years. There is additional expansion opportunity in the future as well.
Mars-Evans City Self Storage
Investment Highlights
- Pittsburgh MSA Self Storage Offering
- Most Recent Expansion Opened in 2023 with Several Large Expansions in the Past 5-10 Years
- Gross Revenue has Increased Roughly 70% in the Last 7 Years
- NRSF has Increased Roughly 45% in the Last 7 Years
- Significant Future Expansion Opportunity to Continue the Dramatic Income & Occupancy Growth Over the Past 5-10 Years
Broker of Record
Financing By
Listing Price: $20,400,000
Investment Highlights
- Pittsburgh MSA Self Storage Offering
- Most Recent Expansion Opened in 2023 with Several Large Expansions in the Past 5-10 Years
- Gross Revenue has Increased Roughly 70% in the Last 7 Years
- NRSF has Increased Roughly 45% in the Last 7 Years
- Significant Future Expansion Opportunity to Continue the Dramatic Income & Occupancy Growth Over the Past 5-10 Years
Investment Overview
Marcus & Millichap is pleased to offer for sale Mars-Evans City Self Storage located in Mars, Pennsylvania. This facility features 50 climate controlled units, 691 non-climate units, and 187 parking spaces totaling 137,362 net rentable square feet. The site has undergone many expansions over the years with the most recent being completed in 2023. The net rentable square feet have increased roughly 45% over the past 7 years and the gross revenue has increased roughly 70% over the past 7 years. There is additional expansion opportunity in the future as well.
Broker of Record
Financing By
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