Safe Harbor Self-Storage Portfolio Specialty FOR SALE


Lincoln, ME
$2,750,000 USD
215-531-7088
, Lincoln, ME for Sale
$2,750,000 USD
Specialty - FOR SALE
1/10
null | 6.8% Cap Rate

Safe Harbor Self-Storage Portfolio
Lincoln, ME


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

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Andreas MakrisMarcus & MillichapMore Info
215-531-7088

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Andreas MakrisMarcus & MillichapMore Info
215-531-7088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.