Reservoir Self Storage, LLC

Providence, Rhode Island

The site area contains 2.89 acres & has a total of 6 buildings with security cameras and security access. The property is currently collecting rent on 225 units and outdoor vehicle spaces of the potential 327. In addition, there are appox. 34 units which are delinquent or abandoned, 8 units which are used by the owner, 11 units in need of repair and appox. 49 units available. The lack of management and desire to divest has lead to this value-add opportunity for Reservoir Self Storage, LLC. The current owners purchased the property in 2010 and have no prior experience operating self storage.

303 Storage Units; 24 Vehicle Storage Units
35,100 Net Rentable Square Feet (NRSF)
15,000 NRSF planned expansion

Built in 2006 out of prefabricated metal siding and roof on concrete slabs built specifically for self storage.

Reservoir Ave. approximately 15,000 cars per day

Greenwood, IN