ModBox Storage in Gastonia, NC presents a compelling value-add opportunity with strong in-place cash flow and significant upside potential. The facility comprises 248 self-storage units, 18 outdoor parking spaces, and 4 warehouse units, totaling over 43,000 rentable square feet. With current unit occupancy around 60%, there is ample room to grow income through continued lease-up, especially following a recent expansion. The property is bolstered by multiple income streams—including warehouse leases and parking rentals—and benefits from operational efficiency with a sub-45% expense ratio, making it an ideal asset for an investor focused on stabilized growth and long-term value creation. Gastonia, NC is a growing suburb located just 20 miles west of Charlotte and benefits from its proximity to one of the Southeast’s most dynamic metropolitan areas. The property is situated in a market with strong demographic fundamentals, including average household incomes above $100,000 within a 3-mile radius and a high percentage of owner-occupied housing. Despite this demand, the self-storage market remains relatively undersupplied with just 9.17 square feet of storage per capita within a five-mile radius. As population and housing growth continue in the Charlotte-Gastonia MSA, the asset is well-positioned to capture increased demand in a stable and expanding regional economy.