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Self-Storage Facility

East Haven Indoor Storage

5 Old Bradley St, East Haven, CT 06512

Listing Price: $650,000

Cap Rate
5.68%
Occupancy
74.6%
Rentable SF
3,923
Price/Rentable SF
$165.69
Year Built
1962

Investment Overview

We are pleased to present East Haven Indoor Storage; The premier privately-owned/operated Climate-Controlled facility in East Haven, CT. East Haven Indoor Storage is a great investment for both local buyers looking to enter the Self-Storage industry for the first time, or larger single-property and portfolio owners with sites in the area who can save on staffing/maintenance expenses by using their existing platform. Since the initial lease up period, the property has hovered around 70-100% Occupancy without the utilization of online marketing/SEO. The property benefits from being sandwiched between the CT Tpke, and Frontage Rd, two of the most trafficked roads in East Haven. All storage unit housings were designed by BetCo, professionally installed and are in excellent condition. The entire property underwent significant improvements in the last two years, indoor and outdoor, and is now turn-key and ready to cash flow.

Investment Highlights

  • Indoor Climate-Controlled Facility in East Haven, CT
  • Significant Value Add with Below-Market Rents
  • Population of 212,052 in a 5-Mile Radius
  • Currently 3.3 SF/Capita of Storage in 5-Mile Radius and only 1.8 SF of Climate-Controlled Storage. Active Developments in Market Still Only Bringing Saturation to 5.3 SF/Capita.

Exclusively Listed By

Financing By

Self-Storage Facility

East Haven Indoor Storage

Listing Price: $650,000

Cap Rate
5.68%
Occupancy
74.6%
Rentable SF
3,923
Price/Rentable SF
$165.69
Year Built
1962

Investment Highlights

  • Indoor Climate-Controlled Facility in East Haven, CT
  • Significant Value Add with Below-Market Rents
  • Population of 212,052 in a 5-Mile Radius
  • Currently 3.3 SF/Capita of Storage in 5-Mile Radius and only 1.8 SF of Climate-Controlled Storage. Active Developments in Market Still Only Bringing Saturation to 5.3 SF/Capita.

Investment Overview

We are pleased to present East Haven Indoor Storage; The premier privately-owned/operated Climate-Controlled facility in East Haven, CT. East Haven Indoor Storage is a great investment for both local buyers looking to enter the Self-Storage industry for the first time, or larger single-property and portfolio owners with sites in the area who can save on staffing/maintenance expenses by using their existing platform. Since the initial lease up period, the property has hovered around 70-100% Occupancy without the utilization of online marketing/SEO. The property benefits from being sandwiched between the CT Tpke, and Frontage Rd, two of the most trafficked roads in East Haven. All storage unit housings were designed by BetCo, professionally installed and are in excellent condition. The entire property underwent significant improvements in the last two years, indoor and outdoor, and is now turn-key and ready to cash flow.

Exclusively Listed By

Financing By

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