Self-Storage Facility with 212 Units, Commercial, and Residential Units in Grafton County, NH

This listing presents a rare investment opportunity to acquire a 212-unit self-storage facility strategically located along a major highway corridor in Grafton County, New Hampshire. The property boasts excellent visibility and accessibility, benefiting from strong daily traffic counts. In addition to self-storage units, the facility includes 7 commercial units and 5 residential apartments, providing multiple income streams. Its proximity to the largest lake in New Hampshire creates high demand for boat and auto storage, particularly during winter months. The proposed investment of $2.4 million will cover the acquisition of the property and associated development plans, with an additional $809,000 allocated for expanding self-storage capacity and enhancing commercial and residential spaces. The development strategy focuses on modernization, improved security, and specialized unit types to meet local market demands, aiming for a projected 9.2% cap rate and a rapid return on investment. This business offers a compelling combination of income generation and long-term value appreciation in a stable asset class.