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52-54 Jersey Ave, Port Jervis, NY, 12771

Fort Knox Self-Storage 4 Property Portfolio
$9,500,000

Key Information

$ per SF
$150
Tot. SF
62,978
Units
624
Type
Self Storage
Occupancy
90%
NOI
$527,035

Highlights

  • Fort Knox Self Storage: 4-site tri-state cluster within a ±5 mile radius (Port Jervis, NY / Matamoras, PA / Montague, NJ)
  • Current NOI: $527,035
  • Stabilized NOI: $773,098
  • Average yearly rental rate per SF across the portfolio: $18 per NRSF
  • Approximately ±62,978 NRSF across 624 units
    • 394 climate controlled
    • 196 non climate controlled
    • 34 parking spaces
  • Expansion potential on 3 of the 4 sites
  • ±90% physical occupancy
  • Below-market rents offer immediate value-add potential
  • Port Jervis Self Storage Supply per Capita (Per Radius)
    • 3-mile radius: 5.35 SF per capita
    • 5-mile radius: 3.90 SF per capita

Photos

Location

Agents

Broker of Record

Patrick Forde, Kyle Matthews, Cory Rosenthal

License # 122887, 2330333 (NJ), RB068831 (PA), 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666