Storage Depot Ashville

Investment Overview

Undersupplied self-storage market with just 6.7 square feet of existing inventory per capita within a 5-mile radius and 6.39 square feet of existing inventory per capita within a 10-mile radius (StorTrack). No known new developments within a 10-mile radius. Value-add opportunity with rents below market competitors and expansion of tenant protection fees and ancillary income. Low-maintenance investment with favorable real estate taxes and limited ongoing capital requirements. Turnkey remote asset featuring Cubby management software and a local boots on the ground manager.

Investment Highlights

• Undersupplied self-storage market with just 6.7 square feet of existing inventory per capita within a 5-mile radius and 6.39 square feet of existing inventory per capita within a 10-mile radius (StorTrack). No known new developments within a 10-mile radius.
• Value-add opportunity with rents below market competitors and expansion of tenant protection fees and ancillary income.
• Low-maintenance investment with favorable real estate taxes and limited ongoing capital requirements.
• Turnkey remote asset featuring Cubby management software and a local boots on the ground manager.