229 Units Self Storage Portfolio 10 Properties Offered at $4,800,000 in Reading, PA

KW Commercial is pleased to present this stabilized, income-generating portfolio comprised of 11 self-storage and mixed-use assets across Reading, Pennsylvania. Totaling 229 rentable units across garage storage, contractor bays, residential rentals, commercial suites, and leased parking, these properties represent a significant segment of the broader 20-property offering.
THIS OFFERING IS A SELECTION OF HIGH PERFORMING ASSETS AND PART OF A LARGER OFFERING OF A TOTAL OF 482 UNITS | 18 PROPERTIES - INQUIRE FOR MORE DETAIL
The assets consistently operate near full occupancy and produce strong in-place cash flow, with current income of $620,463 and a current NOI of $459,525, priced at a 9.6% CAP rate. On a Pro Forma basis, the NOI increases to $547,398, representing an 11.4% CAP rate.
This cluster features a diverse unit mix including compact storage units, oversized garages, 10 commercial suites, and multiple residential apartments. Recent upgrades across the portfolio include blacktop resurfacing, new roofing, roll-up doors, and electrical improvements, supporting operational durability and tenant satisfaction.
With immediate scale, solid in-place income, and additional upside through rental growth and management efficiency, this portfolio segment offers investors a turnkey opportunity in a supply-constrained urban market.