Investment Overview
Bigger Garage Self Storage is a recently repositioned, remotely managed 9,100 NRSF self-storage investment opportunity on 1.3+/- acres located in Parsonsburg, MD. The 83-unit drive-up facility combines strong occupancy with an efficient operating structure and recent repositioning. The property has professional management already in place through Bigger Garage Management Company and minimal day-to-day maintenance requirements.
With limited competing facilities, recent capital improvements, remote management capabilities, and additional monthly rental income of $1600 from a professionally managed residential dwelling, the property offers an attractive entry point for a first-time self-storage investor or as a strategic acquisition for an existing operator.
This manageable asset with proven demand, multiple income streams, and an established operating structure provides an opportunity to step into self-storage or to expand your portfolio without having to build the business from the ground up.
Investment Highlights
- Recently repositioned facility demonstrating strong leasing momentum and market demand.
- Ideal First Self-Storage Investment or Portfolio Expansion: Manageable 83-unit, 9,100 NRSF asset with an established operating structure.
- Remote Ownership Opportunity: Professional management with minimal on-site maintenance requirements.
- Additional Income Stream: Professionally managed, 1,137 SF residential dwelling generating $1,600/month in rental income.
- Strategic Location: Positioned between Salisbury and the Maryland/Delaware beaches with limited competing self-storage facilities nearby.