Property Description

Auction on-site and online Wednesday, June 17th. Bidding Starts at 5:00PM EST. Open house Monday, June 8th from 4:00PM to 7:00PM EST. This well-maintained self-storage investment opportunity in Rittman offers a diverse asset with multiple income streams. The property features 130 traditional storage units, including 4 (5x10), 8 (10x10), 88 (10x20), and 4 (10x40) units, along with 26 brand new climate-controlled units consisting of 3 (10x20), 7 (10x15), and 16 (10x10). The strong unit mix supports consistent demand and occupancy. In addition to standard residential storage, the property includes 8 commercial tenants totaling approximately 24,200 square feet, providing significant supplemental income. There are also ~40 outdoor parking spaces, adding further revenue potential for vehicle or equipment storage. The property is well maintained and supported by security features including surveillance cameras and on-site lighting. With strong in-place income and upside through rent increases and lease optimization, this asset offers stable cash flow and growth potential. Located in a market with a current moratorium restricting new self-storage development, the property benefits from reduced future competition, helping support long-term occupancy and rental stability.

Property Features

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