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Keepers Self Storage (Portfolio)

New York-Newark-Jersey City, NY-NJ-PA MSA
Self Storage
Keepers Self Storage (Portfolio)

Deal Highlights

  • All properties located within the greater New York City Metropolitan Area, the largest urban agglomeration in North America with a gross metropolitan product of nearly $1.60 trillion.
  • Bergenfield was named as a top two safest municipality in the nation in 2012, 2013, and 2014.
  • Nyack is the western terminus of the Tappan Zee Bridge which completed its $3.9 billion renovation at the end of 2018.
  • Opportunity to further increase rental rates at each location.
  • Each location is currently operating at 85% physical occupancy or greater.
  • Expansion potential at Staten Island location.
  • Operational efficiencies can be implemented to reduce monthly overhead costs.

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