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New Jersey Self Storage is a self-storage portfolio located in southern New Jersey. This is an opportunity to own a three property portfolio situated on a total of 38.23 acres of land, with a total of 223,100 net rentable square feet, and total number of 1,735 units.
820 North Delsea Drive, Vineland, NJ 08360
714 S Harding Hwy, Buena, NJ 08310
1851 S East Ave, Vineland, NJ 08360
NOI - $1,599,871
Investment
Multi-Tenant
B
Existing
2015
1
223,100 SqFt
38.23 Acres
Northern New Jersey
Southern Jersey is the 5th largest MSA in the United States
The three properties are in strategic proximity to each other allowing for market dominance
Ancillary income generators such as retail sales, admin fees, truck rental, late fees and tenant insurance can be improved to boost monthly collections.
Additional expansion opportunities consisting of approximately 84,450 NRSF at two of the locations
Strong physical occupancy of approximately 90-95% between each of the three locations.