Stor4You Portfolio represents a four-property self-storage portfolio located across Sinking Spring and Reading, Pennsylvania, comprising 1,063 units across 118,031 net rentable square feet. The portfolio includes assets at 535 Mohns Hill Road, 2665 Bernville Road, 618 Gregg Avenue, and 30B Shillington Road, offering a diversified mix of unit sizes and tenant profiles across established suburban submarkets.
The portfolio demonstrates stable in-place performance with a weighted average physical occupancy of 91.61%, supported by strong underlying fundamentals. Individual assets exhibit occupancy levels ranging from ~90% to 97%, with meaningful upside through lease-up and continued rate optimization across the portfolio.
The surrounding markets benefit from dense and growing population bases, with strong household incomes and consistent projected growth across 1-, 3-, and 5-mile trade areas. This supports long-term storage demand driven by residential, commercial, and transient customer segments.
Offered at a total purchase price of $15,385,000, the portfolio reflects an attractive going-in cap rate of 5.54% with projected yield expansion to 7.69% by Year 5. Investors are presented with an opportunity to acquire a scalable platform with operational upside, revenue growth potential, and exit optionality through stabilization or asset-level disposition.
INVESTMENT
HIGHLIGHTS
- STABLE PERFORMANCE
The portfolio demonstrates solid occupancy levels, ranging from ~90% to 97%, offering meaningful upside through lease-up at underperforming locations and continued rate optimization across the properties. - ATTRACTIVE YIELD & GROWTH
With a total purchase price of $15,385,000, the portfolio offers a strong going-in cap rate of 5.54%, with a projected yield expansion to 7.69% by Year 5, providing investors with an opportunity for significant return growth. - PRIME LOCATIONS
The properties are situated in the growing suburban markets of Sinking Spring and Reading, Pennsylvania, benefiting from dense and expanding population bases, strong household incomes, and consistent projected growth in the 1-, 3-, and 5-mile trade areas.
- DIVERSIFIED UNITS
With 1,063 units across 118,031 net rentable square feet in four properties, the portfolio offers a diversified mix of unit sizes and tenant profiles, addressing the demand from residential, commercial, and transient customers. - SCALABLE PLATFORM
Investors have the opportunity to acquire a scalable self-storage platform with significant operational upside, revenue growth potential, and exit optionality through either stabilization or asset-level disposition.
Brian Brockman | Pennsylvania Inc | Bor@bangrealty.com | License: RM432816