AUCTION - November 18-20, 2025 | Starting Bid: $450,000 - Register to bid and access due diligence documents on RealINSIGHT Marketplace. Marcus & Millichap is pleased to present the exclusive offering of New Horizon Self-Storage, a well-positioned facility located at 113 E. Chestnut Street, Souderton, Pennsylvania 18964. The property sits on 0.96 acres and was originally converted into a modern self-storage facility in 2013. It consists of 199 fully climate-controlled interior units, totaling 18,143 net rentable square feet (NRSF), remotely managed and using Easy Storage Solutions Software. In addition to the storage component, the property features an adjacent 2,300-square-foot retail space, which is currently leased to a children’s dance studio, providing diversified income and additional tenant traffic to the property. The self-storage market fundamentals in the immediate trade area remain favorable. Within a 1-mile radius, market supply is limited at 5.4 square feet per capita, indicating an undersupplied micro-market. Expanding to the 3-mile and 5-mile radii, supply levels are 9.0 and 6.5 square feet per capita, respectively, suggesting a balanced but growing market. Supporting this demand is a robust population base of 110,577 residents within five miles, paired with a high average household income of $146,551, both of which drive strong self-storage utilization. Overall, New Horizon Self-Storage presents investors with the opportunity to acquire a property with significant upside through lease-up, creating a strong cash-flowing asset in a highly desirable suburban Philadelphia market.