Self Storage Investing Case Study: 45 Units, 60% Occupancy, Room to expand and potentially add additional storage capacity
This Greene Street self-storage facility offers an attractive value-add opportunity for an investor looking for an established operation with significant potential for growth. With 45 storage units and 6,000 square feet of storage space , the facility is currently operating at 60% occupancy , leaving approximately 40% of the units available for lease-up . Even more importantly, the property has room to expand , creating an opportunity to potentially increase the property's storage capacity over time. Key Reasons to Consider Greene Street: 45 storage units 6,000 total square feet of storage space 60% current occupancy Approximately 40% remaining lease-up opportunity Room to expand and potentially add additional storage capacity Pre-approved for an SBA loan at this price Existing operations provide a foundation for continued growth and optimization The biggest opportunity here is the combination of lease-up potential and room for expansion. An investor can focus on filling the currently available units while exploring opportunities to expand the facility and increase its overall storage capacity. With SBA financing already pre-approved and additional room to grow, this Greene Street facility is worth taking a closer look at. Love the show? Subscribe, rate, review & share! http://stacyrossetti.com
