Need Space Self-Storage

Investment Overview

Need Space Self-Storage presents an opportunity to acquire a recently built self-storage facility at 2860 Rylan Rd in Hernando, Mississippi. Constructed in 2024, the property includes a 50,000 SF building with 321 units and is currently 48% occupied, offering meaningful upside for an investor seeking lease-up potential and value-add performance. Positioned for operational growth, the facility is designed for self-storage use and benefits from PUD zoning. With its modern construction, substantial unit count, and current occupancy profile, this asset offers a compelling combination of new-build quality and income growth potential for investors focused on special purpose properties.

Investment Highlights

• Self-Storage Facility built in 2024
• 50,000 SF GBA
• Current Occupancy- 48%