Self-Storage Facility

Budget Self Storage

225 Boston Ave, Bridgeport, CT 06610

Listing Price: $1,900,000

Cap Rate
2.31%
Number of Units
354
Occupancy
38.78%
Gross SF
39,647
Rentable SF
39,647
Price/Rentable SF
$47.92
Year Built
1942

Investment Overview

Marcus & Millichap is pleased to offer for sale Budget Self Storage located in Bridgeport, Connecticut. This property features 354 non-climate controlled units and one retail tenant totaling 39,647 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 north-east of New York City.

Investment Highlights

  • Southern Connecticut/New York City MSA Value Add Self Storage Opportunity
  • 39,647 Net Rentable Square Feet
  • 354 Units Below Market Rents in a High Rent Market
  • Ability to Expand and Add About 20,000 Square Feet

Exclusively Listed By

Self-Storage Facility

Budget Self Storage

Listing Price: $1,900,000

Cap Rate
2.31%
Number of Units
354
Occupancy
38.78%
Gross SF
39,647
Rentable SF
39,647
Price/Rentable SF
$47.92
Year Built
1942

Investment Highlights

  • Southern Connecticut/New York City MSA Value Add Self Storage Opportunity
  • 39,647 Net Rentable Square Feet
  • 354 Units Below Market Rents in a High Rent Market
  • Ability to Expand and Add About 20,000 Square Feet

Investment Overview

Marcus & Millichap is pleased to offer for sale Budget Self Storage located in Bridgeport, Connecticut. This property features 354 non-climate controlled units and one retail tenant totaling 39,647 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 north-east of New York City.

Exclusively Listed By

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