
Newport Mini Storage
Well-Positioned Storage Asset with Acreage for Expansion in Rapidly Growing Coastal Market
Marketing description
Newport Mini Storage, located at 457 Tom Mann Rd in Newport, North Carolina, offers an attractive opportunity to acquire a well-positioned self-storage asset in a burgeoning coastal market.
The facility includes 114 standard drive-up and climate-controlled units along with parking, totaling approximately 13,850 rentable square feet. Its diverse unit mix and functional layout are well-suited to serve both residential and commercial tenants in the area.
Situated on a 6.48± acre parcel, the site offers potential for future expansion (buyer to verify). This additional land provides a meaningful opportunity for investors to increase rentable square footage and further capitalize on demand in the market.
The property features a strong set of amenities designed to meet modern tenant expectations. These include fencing around the storage facility and parking areas with digital gate-controlled
access, new LED exterior lighting in 2025, security cameras, online rentals and bill pay, and tenant insurance. Together, these features enhance security, convenience, and operational efficiency.
Newport and the surrounding Carteret County area continue to experience steady population growth. The town of Newport has grown consistently in recent years, supported by its coastal location and quality of life. This trend contributes to sustained demand for self-storage from both established and new residents. Carteret County has also demonstrated long-term population expansion, driven by in-migration and its appeal as a coastal destination. The area benefits from a mix of full-time residents, retirees, and seasonal visitors, all of whom contribute to
storage demand.
Investment highlights
- 114 Standard Drive-Up and Climate-Controlled Units Plus Parking
- Significant Upside on Rates and Occupancy
- Easy Access and Good Visibility from Highway 70 ( vehicles/day)
- New LED Exterior Lighting in 2025
- Perimeter Fencing Around Storage Facility with Security Cameras
- Online Rentals and Bill Pay
- Well-Maintained Facility and Grounds
- Potential To Expand on 6.48 +/- Acre Lot (Buyer to Verify)
- High Growth Area with Strong Demographics
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