Property Description

Auction on-site and online Thursday, June 11th. Bidding Starts at 5:00PM EST. Open house Tuesday, June 2nd from 4:00PM to 7:00PM EST. This well-maintained self-storage facility offers 122 total units with a strong, functional mix, including 2 (10x10), 40 (10x15), 26 (10x20), and 2 (10x30) units, along with 52 35x12 outdoor parking spaces ideal for boat, RV, and vehicle storage. The diverse unit mix supports multiple revenue streams and consistent demand, contributing to the property's strong in-place income. The facility is fully secured with gated access, surveillance cameras, and on-site lighting, providing both tenant security and operational efficiency. Well maintained with minimal immediate capital needs, this asset offers stable cash flow with upside through rental increases and occupancy optimization. Located in Rittman, the property benefits from a key competitive advantage, as the city currently has a moratorium restricting new self-storage development. This barrier to entry helps limit future competition and supports long-term occupancy and rent growth, making it an attractive investment opportunity.

Property Features

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