Self-Storage Facility
Garrett County Self Storage
1206 Mosser Rd, McHenry, MD 21541
Listing Price: $4,200,000
Investment Overview
Marcus & Millichap proudly presents for sale Garrett County Self Storage. Located at 1206 Mosser Rd in McHenry, Maryland, this meticulously maintained facility offers approximately 49,675 +/- net rentable square feet of versatile storage solutions, including drive-up, climate-controlled, boat & RV storage, and parking. Boasting an onsite management office and 3 acres of approved expansion space, it's a property primed for growth.
Established in 1986, Garrett County Self Storage has a track record of excellence, maintaining high occupancy rates year-round. Demand is fueled by McHenry's allure as a beloved lake town, with seasonal activities driving winter occupancy even higher. Currently at 77% physical occupancy, ongoing leasing efforts target the lucrative 10x10 units segment.
The McHenry self-storage market presents a great opportunity, with no imminent competitors within a 10-mile radius. Positioned off Garrett Highway, a key route connecting McHenry to Oakland, the facility enjoys steady traffic flow, particularly during the bustling summer months. Its strategic location, just 3 miles from Garrett County airport and close to Garrett College, ensures convenient accessibility.
Investing in Garrett County Self Storage offers more than just a property; it's an opportunity to capitalize on a thriving vacation destination. Prospective buyers can unlock additional value by implementing revenue management strategies, automation enhancements, and leveraging the approved expansion space in alignment with seasonal occupancy trends.
Investment Highlights
- 49,675 NRSF of Existing Storage
- 3 Acres of Approved Expansion
- No Known Facilities in Planning/Permitting within 10-mile Radius
- No Website
- 305 Existing Units
- $90,612 Median Household Income Within 5-Mile Radius
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,200,000
Investment Highlights
- 49,675 NRSF of Existing Storage
- 3 Acres of Approved Expansion
- No Known Facilities in Planning/Permitting within 10-mile Radius
- No Website
- 305 Existing Units
- $90,612 Median Household Income Within 5-Mile Radius
Investment Overview
Marcus & Millichap proudly presents for sale Garrett County Self Storage. Located at 1206 Mosser Rd in McHenry, Maryland, this meticulously maintained facility offers approximately 49,675 +/- net rentable square feet of versatile storage solutions, including drive-up, climate-controlled, boat & RV storage, and parking. Boasting an onsite management office and 3 acres of approved expansion space, it's a property primed for growth. Established in 1986, Garrett County Self Storage has a track record of excellence, maintaining high occupancy rates year-round. Demand is fueled by McHenry's allure as a beloved lake town, with seasonal activities driving winter occupancy even higher. Currently at 77% physical occupancy, ongoing leasing efforts target the lucrative 10x10 units segment. The McHenry self-storage market presents a great opportunity, with no imminent competitors within a 10-mile radius. Positioned off Garrett Highway, a key route connecting McHenry to Oakland, the facility enjoys steady traffic flow, particularly during the bustling summer months. Its strategic location, just 3 miles from Garrett County airport and close to Garrett College, ensures convenient accessibility. Investing in Garrett County Self Storage offers more than just a property; it's an opportunity to capitalize on a thriving vacation destination. Prospective buyers can unlock additional value by implementing revenue management strategies, automation enhancements, and leveraging the approved expansion space in alignment with seasonal occupancy trends.