Admiral Self Storage sits on separate 9-acre parcels and is comprised of eleven single story self-storage buildings with 664 units and 25 truck parking spaces. The property offers a diverse revenue stream which includes an industrial storage component and container income. Sourced off-market, we added value by employing professional self-storage property management and we were able to quickly raise the property’s value ahead of our projections.

Purchase Price: $7,865,000 (Oct 2020)
Exit: $9,400,000 (May 2022)
Total Return: 35%