The Cushman & Wakefield Self Storage Advisory Group has been exclusively retained to offer for sale the Mini Storage Depot 3-Property Portfolio in Northern Indiana.

The portfolio features a well-balanced mix of climate-controlled, drive-up, and parking units, catering to a broad tenant base and supporting long-term occupancy stability. Current physical occupancy averages around 87.4%, with economic occupancy slightly trailing, indicating strong in-place demand with room for revenue optimization. All three assets are constructed with durable materials—ranging from concrete block to metal—and are in good operational condition, with recent capital improvements at select sites. Importantly, effective rents remain below market averages, presenting a clear opportunity for investors to drive NOI through targeted rate adjustments, improved insurance penetration, and enhanced ancillary income streams.

Strategically located in Michigan City, Merrillville, and South Bend, Indiana, the portfolio offers geographic diversity across three distinct and growing submarkets in Northern Indiana. Each facility benefits from strong visibility and access, with Michigan City positioned near new residential development in a transitioning retail corridor, Merrillville situated along a high-traffic commercial artery surrounded by national retailers, and South Bend located directly off the interstate near the University of Notre Dame and major regional employers. The assets are well-positioned relative to local competition, with comparable or newer construction and superior operational infrastructure. While each site presents unique characteristics—such as expansion potential, signage visibility, or infrastructure upgrades—they collectively offer a strong foundation for continued performance and value creation. Their locations within supply-constrained corridors further enhance their long-term market positioning.

This portfolio is ideal for investors seeking scale, stability, and upside in a growing Midwest region. With institutional operations already in place, the portfolio offers immediate cash flow and the ability to drive NOI through targeted capital improvements, rent growth, and ancillary income expansion. The combination of strong market positioning, operational efficiency, and embedded value creation makes this a compelling acquisition for regional operators and national platforms alike.

Access Deal Landing Page Here: Legacy 3-Property Lake Michigan Self-Storage Portfolio – Northwest Indiana