ELITE STORAGE Isaacs location has 463 units and 66,075 net rentable square feet of storage space. The brand new Isaacs location has had 36% occupancy in less than 1 year. Third-party management is currently in place. The seller is offering a one-year rent guarantee of $660,000, instantly making this a stabilized asset.
The property features a variety of storage options, including ground-level drive-up units and double-door drive-thru units. Additional income could come from tenant insurance, retail, and truck rentals. The properties also offer amenities, such as secure gated access, commercial-grade lighting and surveillance systems, fully paved concrete drive aisles, contact-free move-ins, and online and autopay availability. The property is well-poised for continued long-term success with an established history of stable and consistent cash flow.