4-Property Value-Add Self-Storage Portfolio Opportunity – CT, IL & OK
CT, IL & OK
This offering presents a great opportunity to acquire a stabilized 4 property portfolio. The properties, 2 within just 11 miles of each other, offer an impressive 33 acres of land positioned for efficiency and long-term growth. Built between 2016 and 2022, the properties add up to nearly 400,000 NRSF spread across 4,317 units. The four self-storage properties are strategically located near major roadways and local landmarks, offering strong accessibility and visibility. Two are in central Connecticut with quick access to I-84 and I-691; one is positioned off I-80 in the Joliet, IL area near retail and residential zones, and the fourth sits near Highway 99 in Hominy, OK, serving the local community from a central location.
The Connecticut assets—New Britain and Meriden—are positioned in well-established residential corridors with strong local demand and excellent connectivity via major highways like I-84 and I-691. The Joliet, Illinois property benefits from high visibility along Larkin Avenue with direct access to I-80, placing it in a dense suburban area with strong commercial and residential drivers. The Hominy, Oklahoma facility serves a more rural population along State Highway 99, offering stable demand with limited local competition. Together, these properties are well-placed to serve over 200,000 residents across varied but growing markets, with a strong foundation for continued rent growth and operational performance.
This portfolio presents a compelling opportunity to acquire a diversified four-asset storage portfolio across three states. High-traffic locations, favorable local supply-demand dynamics, and value-add potential through rate optimization and efficiency improvements offer immediate upside and long-term investment appeal.