The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of two properties in New Brunswick and Roselle, NJ.
Take advantage of an incredible opportunity to acquire two established self-storage properties in the country’s most populous region: the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home to 6% of the nation’s population, the densely populated metro comprises 20.3 million residents with a median household income of $78,478.
Located less than 10 minutes from Rutgers University, the New Brunswick property is a 92,088 square-foot facility that houses 1,027 rentable units. Perfect for college students or brand-new New York metro residents, the property offers a range of storage sizes and climate-controlled options. Similarly, the Roselle self-storage facility is conveniently located less than two miles away from Kearn University. This location offers 86,093 square feet of space and 1,097 rentable units. In addition to clean, modern storage options, both facilities are equipped with a selection of safety and security features such as bright lighting and 24-hour video recording.
For a savvy investor, this sale presents a unique opportunity to acquire two businesses in the nation’s largest—and one of the most affluent—metropolitan areas. As coronavirus restrictions decline, New York continues to show promising recovery. With universities reopening and business and travel resuming, an influx of new residents is moving to the area consistently, resulting in near-constant self-storage demand.