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Extra Space Storage (Managed) – Hartford
Deal Highlights
- Trophy Self-Storage Opportunity in an Irreplaceable Location Sprawling Alongside Interstate 84
- Additional Expansion Capacity of 13,015 NRSF
- Only 1.76 NRSF of Storage Per Person Within a Three-Mile Radius, Justifying the Ability to Expand and Lease Up
- Opportunity to Raise Rental Rates to the Market Average Based on a High Current Physical Occupancy of 97 Percent
- Generate Additional Revenue by Implementing a Strong Tenant Insurance Program
- Situated in a Densely-Populated Residential Area and Adjacent to the Lofts on the Park Apartment Building
- Impeccable Visibility from Multiple Thoroughfares, Including Over 140,000 Vehicles per Day on the Parallel Interstate
- Populated Market Boasts Over 168,784 Individuals in a Three-Mile Radius
