Property Description

PACKAGE INVESTMENT OPPORTUNITY: Two established self-storage facilities being sold together for a combined price. Located just 2 miles apart within the Marshfield city limits, this portfolio offers a total of 346 units and over 41,000 net rentable sq. ft. Both sites feature premium security upgrades including full fencing, 24/7 gate access, and remotely monitored security systems with automated lockouts and code changes integrated via ESS software. Both facilities offer drive up units & climate-controlled by all-electric heat pump HVAC systems. Banning location offers a few outdoor storage spots. Both locations have potential for small building additions. While currently not utilized, both locations have the ability to connect to public water and sewer. FACILITY 1: 1061 Banning St, 1.43 Acres +/- (Zoned R-3), 164 Units (Includes 4 outdoor parking spaces), Approx. 20,910 Net Rentable Sq. Ft. Currently maintained at approx. 90% occupancy. FACILITY 2: 423 S Locust St 1.37 Acres +/- (Zoned B1/B3), 182 Storage Units, Approx. 20,560 Net Rentable Sq. Ft. Currently maintained at approx. 83% occupancy. Prorata 8.42% at 95% occupancy. Includes parcel ID #11-2.0-10-001-022-001.000, ID#11-2.0-04-000-000-017.000, and parcel ID #11-2.0-10-001-002-006.000.

Property Features