302 Main St, Marlborough, NH 03455-2203

This exceptional self-storage portfolio comprises two properties located in Marlborough, NH (302 Main St, 03455) and Springfield, MA (100 Main St, 01105). The portfolio boasts a combined 16,950 net rentable square feet, housing 67 units, including 62 non-climate-controlled units and five parking spaces. Built in 2003 and renovated in 2015, these facilities are currently operating at over 97% occupancy, demonstrating strong market demand. The properties feature larger units ideal for small businesses, contributing to low turnover rates. The portfolio offers a compelling investment opportunity with a current NOI of $109,735 and a pro-forma NOI of $146,269, translating to a 6.10% cap rate and a pro-forma cap rate of 8.13%. The asking price is $1,800,000, or $106.19 per square foot. Situated on a combined 1.28 acres, these turnkey facilities require no deferred maintenance and are equipped with essential services and a call center. The properties are approximately 60 miles apart. This is a rare opportunity to acquire a stable, high-performing self-storage portfolio in desirable New England locations.