Apple Country Self Storage
Quality Asset | High Occupancy Levels | Strong Demand
Marketing description
Meridian Storage Group is pleased to present Apple Country Storage, a recently developed 211-unit, 39,700 NRSF self-storage facility in Hilton, New York. Completed in two phases between 2022 and 2024, the property consists entirely of drive-up, non-climate-controlled units and offers investors the opportunity to acquire a modern facility with minimal anticipated near-term capital expenditures.
Since completion of the final expansion phase, the property has leased rapidly to near stabilization, demonstrating strong demand within the trade area. Today, the facility is approximately 94% physically occupied with limited remaining vacancy, allowing the next owner to shift focus from lease-up execution to revenue optimization. As occupancy has reached stabilized levels, the primary value creation opportunity lies in continuing in-place rent growth, closing the gap between physical and economic occupancy, and implementing institutional revenue management practices.
The property is professionally configured for efficient remote management with gated keypad access, security cameras, perimeter fencing, and fully paved drive aisles, providing a low-maintenance operating platform for both regional and institutional ownership.
Investment highlights
Recent Construction- Phase 1 built in 2022, Phase 2 built in 2024
Remote Management- Facility is built for remote management with gated keypad access & DaVinci locks already in use
22,119 Population- 5-Mile Radius (2025)
15.1 Months -Current Average Length of tenant stay
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