Self-Storage Facility
Safe Harbor Self-Storage Portfolio - Granite, Lincoln, ME
39 River Rd, Lincoln, ME 04457
Listing Price: $2,750,000
Investment Overview
Marcus & Millichap is pleased to present the investment opportunity featuring a self-storage portfolio in Lincoln, consisting of two properties located at 170 Lee Road and 39 River Road. The offering includes a total of 170 drive-up, non-climate-controlled units totaling approximately 29,900 net rentable square
feet. Currently 88 percent occupied, the two properties are conveniently located within a 10-minute drive of one another. This proximity allows for efficient management and streamlined operations. Notably, this portfolio represents an ideal turnkey investment for a new operator, whether local or out of state, due to its manageable scale and operational efficiency. Additionally, the city of Lincoln presents investors with a promising investment market supported by a stable population, including a strong base of senior residents who often require supplemental storage. Furthermore, the area benefits from solid regional connectivity, enhancing tenant demand and long-term viability. With consistent occupancy, ease of management, and favorable market fundamentals, this portfolio offers an attractive opportunity for investors seeking dependable cash flow and future growth potential
Investment Highlights
- Two-Property Self-Storage Portfolio with 170 Drive-Up Units Totaling 29,900 Net Rentable Square Feet
- Strong In-Place Performance with 88 Percent Occupancy and Potential for Operational Upside
- Convenient Locations Within a 10-Minute Drive Allowing for Efficient Management and Streamlined Operations
- Situated in a Stable Lincoln Market with Strong Senior Demographics and Regional Connectivity Supporting Long-Term Demand
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Senior Managing Director, Market Leader - New England
Financing By
Self-Storage Facility
Safe Harbor Self-Storage Portfolio - Granite, Lincoln, ME
Listing Price: $2,750,000
Investment Highlights
- Two-Property Self-Storage Portfolio with 170 Drive-Up Units Totaling 29,900 Net Rentable Square Feet
- Strong In-Place Performance with 88 Percent Occupancy and Potential for Operational Upside
- Convenient Locations Within a 10-Minute Drive Allowing for Efficient Management and Streamlined Operations
- Situated in a Stable Lincoln Market with Strong Senior Demographics and Regional Connectivity Supporting Long-Term Demand
Investment Overview
Marcus & Millichap is pleased to present the investment opportunity featuring a self-storage portfolio in Lincoln, consisting of two properties located at 170 Lee Road and 39 River Road. The offering includes a total of 170 drive-up, non-climate-controlled units totaling approximately 29,900 net rentable square feet. Currently 88 percent occupied, the two properties are conveniently located within a 10-minute drive of one another. This proximity allows for efficient management and streamlined operations. Notably, this portfolio represents an ideal turnkey investment for a new operator, whether local or out of state, due to its manageable scale and operational efficiency. Additionally, the city of Lincoln presents investors with a promising investment market supported by a stable population, including a strong base of senior residents who often require supplemental storage. Furthermore, the area benefits from solid regional connectivity, enhancing tenant demand and long-term viability. With consistent occupancy, ease of management, and favorable market fundamentals, this portfolio offers an attractive opportunity for investors seeking dependable cash flow and future growth potential
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Senior Managing Director, Market Leader - New England
Financing By