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- LoopNet Team
15 Research Dr
Branford, CT 06405
A Sure Thing Storage · Specialty Property For Sale
·
8,800 SF
INVESTMENT HIGHLIGHTS
- 94 Units
- Under Market Rates
- Additional Expansion Permitted Under Current Zoning Regulations (Up to an additional +/- 16,000SF)
- Excellent Size & Climate Control Unit Mix
- Historically Operated with Minimal Effort, Large Upside for Active/Professional Operator
PROPERTY FACTS
| Property Type | Specialty | Building Size | 8,800 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 2003 |
| Lot Size | 2.00 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 8,800 SF |
| No. Stories | 1 |
| Year Built | 2003 |
ABOUT 15 RESEARCH DR , BRANFORD, CT 06405
Northeast Private Client Group is pleased to present 15 Research Drive, Branford, a 94 Unit Self-Storage Facility for sale. Currently doing business as "A Sure Thing Storage" this property represents an excellent opportunity for any Self-Storage investor looking for a clear value add / strong upside opportunity. Under current ownership the property has been operating with limited to no active marketing effort and a minimal web presence. With essentially minimal effort the property has been operating at an average Economic Occupancy of 65.4% and Physical Occupancy of 70%. An active owner willing to expand marketing efforts and establish a larger web presence, in addition to escalating rents to market rates, stands to achieve a substantial upside.
PROPERTY TAXES
| Parcel Number | BRAN-000004H-000002-000005 | Improvements Assessment | $282,000 |
| Land Assessment | $235,100 | Total Assessment | $517,100 |
PROPERTY TAXES
