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For Sale

Bigger Garage Self Storage

33243 Old Ocean City Rd,
Parsonsburg, MD 21849

Asset Snapshot

1997
Year Built
1
Floor Count
4
Building Count

Offering Summary

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.

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Listing Syndicated From

Buildout
For Sale
$995,000
Asking Price