Lee & Associates is pleased to present ModBox Self Storage, a value-add investment opportunity at 124 Patrick Road in Gastonia, North Carolina. Situated on 4.88 acres, the property offers 39,875 net rentable square feet and 270 total units across a diversified mix of climate-controlled storage, drive-up storage, covered boat and RV storage, paved parking, and commercial space. A fully occupied, 2,500-square-foot commercial unit contributes $31,200 in annual rental income.
With 72.35% physical occupancy, ModBox offers investors existing income with meaningful upside through lease-up and rental-rate optimization. The surrounding market features a 2025 population of 70,097 within five miles and a median household income of $99,451 within three miles. Supported by projected population growth, this offering presents an attractive opportunity to build occupancy and strengthen operating performance across multiple revenue streams.