1623 Way Street, Reidsville, NC 27320

Lindsey Self Storage Group is pleased to present this renovation opportunity for City Storage - Reidsville, located in Reidsville, North Carolina, which presents a highly attractive value-add investment anchored by a modern, climate-controlled asset with meaningful upside potential. The property comprises a total of 57,038 NRSF across 490 rentable units and 10 parking spaces, offering an intense concentration in climate-controlled storage a category in high demand among today’s storage users. With 73% physical occupancy, the facility demonstrates a clear foundation of existing demand alongside signi{cant room for revenue growth through strategic lease-up and marking in-place rents to market.

Situated on an expansive 8.1-acre parcel at 1623 Way Street, the property bene{ts from modernized infrastructure following a comprehensive 2022 conversion. The site's excess land, coupled with its durable construction, provides a foundation for future footprint expansion and sustained rental growth. With its emphasis on climate-controlled offerings and a clear path to achieving a projected Year 1 Net Operating Income of $453,886, this facility presents a compelling opportunity to capture immediate upside while maintaining durable performance.