• Broker Christopher Travis 4079241408
  • Broker Jack Kaiser 8139215635

Intra-Lock Self-Storage Portfolio 2 Specialty Properties Offered at $1,520,000 in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Price Reduction | 2-Property self-storage portfolio located in Kankakee, IL & Plymouth, IN | Facilities are located less than 2 hours apart
  • Diverse Inventory: 111 Total units | ±20,780 Combined NRSF | Diversified unit mix of drive-up self-storage units
  • Plymouth, IN is at the intersection of U.S. Route 30 & 31, providing accessibility for distribution, logistics & transportation
  • Massive Upside Potential: Unlock value through increasing occupancy and continuing to raise rental rates
  • Centrally Located Facilities: Kankakee is in Northeast Illinois, approximately 60 miles south from Chicago
  • Situated on ±1.90 acres spread across 2 properties | Each site is secured with perimeter fencing & gated entry for enhanced safety and the ability to

EXECUTIVE SUMMARY

Price Reduction | 7.50% Cap Rate for both properties
Please contact lead agent, Jack Kaiser (JKaiser@ripcofl.com | 732.742.9250) for details on this portfolio.

PROPERTY FACTS

Price $1,520,000
Price / SF $72.80 / SF
Cap Rate 7.50%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 20,880 SF
Total Land Area 1.04 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Intra-Lock Self-Storage Units
380 7th Ave, Kankakee, IL 60901 		Specialty 11,900 SF 2022 -
Intra-Lock Self-Storage Units
7991 Queen Rd, Plymouth, IN 46563 		Specialty 8,980 SF 1979 -
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