northside muncie self storage

Grandstone Real Estate is pleased to present Northside Muncie Self Storage, a facility located in Muncie, Indiana, offering a total of 118 climate-controlled units, 8 non-climate-controlled units, and 10 outdoor parking spaces across 12,917 net rentable square feet. The facility serves a growing local market, with approximately 76,000 people living within a 5-mile radius. Muncie’s economy is bolstered by key drivers such as Ball State University, with its 20,000+ students and staff, as well as strong sectors in manufacturing, healthcare, and logistics. The city’s proximity to Indianapolis, low cost of living, and affordable real estate make it an attractive location for businesses and residents, further boosting demand for self-storage. With a steady population increase and an expanding local economy, Northside Muncie Self Storage is positioned for stable long-term growth, making it an ideal opportunity for investors looking to capitalize on a strong, diverse market with excellent potential for continued returns. A seasoned storage owner can reap the benefits of leasing up the facility and achieving a stabilized economic occupancy, producing a year 1 9.5 cap rate. This facility also presents an opportunity to be remotely managed, furthering management efficiency capabilities.