Herman, MN
$289,000
Herman Mini Storage represents a rare opportunity to acquire a stabilized, cash-flowing self-storage asset that operates itself. The facility has achieved near-full occupancy with zero paid advertising, filling entirely through local word-of-mouth demand, and the existing management infrastructure supports remote ownership from day one. This 33-unit, 4,500 square foot property in Herman, Minnesota offers straightforward cash-flow economics and a low-friction entry into Minnesota self-storage. With rental rates unchanged for more than three years, an incoming owner can capture meaningful revenue growth through modest, market supported rate adjustments. The high level of occupancy, sustained without marketing or rate concessions, reflects consistent local demand for the space. An incoming owner can acquire a fully leased asset with confidence that the fundamentals support stable income well into the future.



