

Safe Harbor Self-Storage Portfolio ( Granite & Lincoln, ME )
Two-Property Self-Storage Portfolio with 170 Drive-Up Units Totaling 29,900 Net Rentable Square Feet
Marketing description
Marcus & Millichap is pleased to present the investment opportunity featuring a self-storage portfolio in Lincoln, consisting of two properties located at 170 Lee Road and 39 River Road. The offering includes a total of 170 drive-up, non-climate-controlled units totaling approximately 29,900 net rentable square
feet. Currently 94.7 percent occupied, the two properties are conveniently located within a 10-minute drive of one another. This proximity allows for efficient management and streamlined operations. Notably, this portfolio represents an ideal turnkey investment for a new operator, whether local or out of state, due to its manageable scale and operational efficiency. Additionally, the city of Lincoln presents investors with a promising investment market supported by a stable population, including a strong base of senior residents who often require supplemental storage. Furthermore, the area benefits from solid regional connectivity, enhancing tenant demand and long-term viability. With consistent occupancy, ease of management, and favorable market fundamentals, this portfolio offers an attractive opportunity for investors seeking dependable cash flow and future growth potential
Investment highlights
- Two-Property Self-Storage Portfolio with 170 Drive-Up Units Totaling 29,900 Net Rentable Square Feet
- Strong In-Place Performance with 94.7 Percent Occupancy and Potential for Operational Upside
- Convenient Locations Within a 10-Minute Drive Allowing for Efficient Management and Streamlined Operations
- Situated in a Stable Lincoln Market with Strong Senior Demographics and Regional Connectivity Supporting Long-Term Demand
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