SWANZEY, NH | WEST SWANZEY, NH | NORTH SPRINGFIELD, VT
NH/VT STORAGE PORTFOLIO
766 total units
NH/VT STORAGE PORTFOLIO OVERVIEW
Swanzey Self Storage - RT 12 Storage - North Springfield Self Storage
Rare Acquisition Opportunity - Opportunity to take down a 90k+ NRSF self-storage portfolio stabilized with upside in strong New England markets.
Below Market Rents - Opportunity to grow rental income up to 16% to match market averages and keep pace with strong annual rent growth.
Historically Strong Occupancy - All three facilities have shown high occupancy in trailing years thus cementing their foothold in the markets.
Expansion Opportunity - Room to add buildings at both the RT-12 Storage facility as well as the North Springfield Self Storage facility.
New Heating and Cooling Units - New furnaces and air conditioning units are set to be installed in April 2023 for all Climate Controlled units.
Parking Income Growth - Opportunity to grow parking income with rates currently 41%-54% below market, along with increasing current occupancy and total parking spots.
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