Murphy Self Storage

Property Description

Jennifer Stein Real Estate, Inc in conjunction with the self storage team at MHP Brokerage is pleased to present for sale a 2.9 acre, 45 unit facility with 100,000+ Sq Ft ready for expansion. This facility has a waiting list for open units and presents a unique value-add opportunity to expand to fit the growing demand.

Investment Highlights

45 Units / 100,000+ Sq Ft available for expansion
High demand area, waiting list for open units. Great opportunity to capitalize on existing demand and a growing population
$30,000 NOI - $5,000-$10,000 additional income if waiting list demands are met
2.9 acres - 2 acres ready to expand
Low actual expense ratio

Listed By

Sammy Deeb

Managing Broker

sammy@mhpbrokerage.com

(702) 686-1952

(305) 396-8545

Gunnar Samuelson

Senior Investment Advisor

gunnar@mhpbrokerage.com

(224) 244-3643

(646) 492-5184