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Self-Storage Facility

Lifetime Storage - 477 Lewiston Road

477 Lewiston Rd, West Gardiner, ME 04345

Listing Price: $1,400,000

Cap Rate
2.66%
Number of Units
140
Occupancy
46.0%
Gross SF
18,000
Rentable SF
18,000
Price/Rentable SF
$77.78
Year Built
2023

Investment Overview

Marcus & Millichap is pleased to offer for sale the Lifetime Storage Four Property Portfolio located around Augusta, Maine. This portfolio features 836 non-climate-controlled drive-up units and one residential rental property totaling 122,305 net rentable square feet. All four sites are located within approximately eight miles of each other and all were built within the last five years.

Investment Highlights

  • Four Property Self-Storage Offering In and Around Augusta, Maine
  • 122,305 Total Combined Net Rentable Square Feet
  • 836 Non-Climate Controlled Drive-Up Units and One Residential Rental Property
  • All Four Facilities are Located Within Approximately Eight Miles of Each Other
  • All Four Facilities Were Built Within the Last Five Years

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Senior Managing Director, Market Leader - New England

    (617) 896-7220

    License(s) ME: DB927980

    Maine

Financing By

Self-Storage Facility

Lifetime Storage - 477 Lewiston Road

Listing Price: $1,400,000

Cap Rate
2.66%
Number of Units
140
Occupancy
46.0%
Gross SF
18,000
Rentable SF
18,000
Price/Rentable SF
$77.78
Year Built
2023

Investment Highlights

  • Four Property Self-Storage Offering In and Around Augusta, Maine
  • 122,305 Total Combined Net Rentable Square Feet
  • 836 Non-Climate Controlled Drive-Up Units and One Residential Rental Property
  • All Four Facilities are Located Within Approximately Eight Miles of Each Other
  • All Four Facilities Were Built Within the Last Five Years

Investment Overview

Marcus & Millichap is pleased to offer for sale the Lifetime Storage Four Property Portfolio located around Augusta, Maine. This portfolio features 836 non-climate-controlled drive-up units and one residential rental property totaling 122,305 net rentable square feet. All four sites are located within approximately eight miles of each other and all were built within the last five years.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Senior Managing Director, Market Leader - New England

    (617) 896-7220

    License(s): ME: DB927980

    Maine

Financing By

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