Reading & Mohnton, PA
Call for Offers
Offers Due: Wednesday, September 17th
The Berks Storage 5-Property Portfolio presents a rare opportunity to acquire critical mass in the tightly supplied Reading, Pennsylvania self-storage market. Strategically clustered within the metro area, the portfolio totals over 321,000 rentable square feet across 2,814 units, averaging 85% occupancy and providing stable in-place cash flow with significant upside. The properties benefit from exceptionally low square footage per capita in their respective trade areas, indicating strong demand and limited competition. Operated by a local owner who has not implemented existing customer rate increases in over three years, the portfolio offers immediate revenue growth potential through professional management and market-aligned pricing strategies.
Reading’s central location, approximately one hour northwest of Philadelphia, positions it as a growing and dynamic market with a diverse economic base and expanding residential communities. The city serves as a hub for Berks County, drawing customers from surrounding suburbs and benefiting from steady population density, strong commuter patterns, and limited new self-storage development. Its proximity to the Philadelphia metro allows it to capture both urban spillover and local demand, making it an ideal market for investors seeking long-term stability and growth. With operational efficiencies achievable through scale, untapped rate potential, and a fundamentally strong location, the Berks Storage portfolio is a compelling investment in one of Pennsylvania’s most attractive secondary storage markets.
