CubeSmart Self Storage (Third Party Managed)Contact Broker for Price483 Units
CubeSmart Self Storage is a 54,638 NRSF facility located in Lafayette, IN. This facility, which opened in 2022, features both climate and non-climate units. The asset boasts new construction and prime frontage/access along Sagamore Parkway (23,000 vpd). The 5-mile radius population is 136,368 with an Average Household Income of $113,018.
The greater Lafayette MSA features world-class manufacturers like Subaru, Wabash National, GE Aviation, Caterpillar, Rolls Royce and Saab. New developments include a microchip factory being built by SK Hynix and a semiconductor facility being built by SkyWater. The microchip factory will be a $4B development within the Purdue University Research Park, and is expected to produce over 1,000 jobs. The $1.8B semiconductor facility announced for the Discovery Park District at Purdue is expected to create 750 high-paying jobs within five years for the Greater Lafayette MSA.
Salem Storage and Warehouse Complex$2,900,000336 Units
Salem Storage and Warehouse Complex presents a rare opportunity to acquire a high-performing self storage and RV/Boat storage facility in Northville, Michigan. Situated on 16.50 +/- acres, the fully fenced and gated facility features 327 units and 127,128 NRSF of RV/Boat storage that is 96% occupied. The facility also offers 13,700 SF of commercial warehouse space that is 100% leased, a 1,000 SF self storage building, and two leased residential houses.
The property benefits from a growing demand base, with approximately 439,957 residents within 10 miles and 3.9% projected population growth. Ownership has the opportunity to implement measured rental rate increases, capture ancillary income, and convert select open-air spaces to covered parking. Strong occupancy and multiple revenue-enhancement opportunities provide durable cash flow with meaningful upside.
The West Bridgewater Self Storage and Alpha Self Storage Portfolio comprises two facilities totaling 118,110 rentable square feet and 868 storage and parking units across Massachusetts and New Hampshire. The offering pairs an established, income-producing facility in southeastern Massachusetts with a lease-up opportunity in southern New Hampshire, giving investors exposure to two distinct New England markets.
West Bridgewater Self Storage provides the portfolio’s larger operating base, with 75,750 rentable square feet and approximately 75% square foot occupancy near Routes 24 and 106. Alpha Self Storage adds 42,360 rentable square feet along Route 114 in Weare, with approximately 52% square-foot occupancy and asking rates below surveyed competitors for comparable drive-up units. Together, the properties offer opportunities to increase income through continued lease-up, rental-rate management, and ancillary revenue within the existing facilities.
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