Embrace the exclusive chance to acquire an entire thriving family-run enterprise, encompassing six properties, equipment, and everything essential for operating a prosperous self-storage business. Seize the opportunity presented by this business's consistently low vacancy rate, expansion opportunities, prime locations, and remarkable name and brand recognition. Instances to enter the self-storage industry with such favourable conditions are rare. Feel free to reach out today with any inquiries.
Introducing a distinctive opportunity brought to you by Berkshire Hathaway's self storage specialists. We are thrilled to present a unique portfolio sale, featuring a semi commercial/storage site and five self-storage facilities. This exclusive offering encompasses a strategic blend of prime locations, equipped with everything necessary for a thriving self-storage business, and a proven track record of success. Explore this unparalleled chance to elevate your investment portfolio with us.
The Business's main attractions:
- 1-3% historical vacancy
- Capacity to sustain organic rent increase
- Close to commercial services and residential areas with easy access to highways
- Strong branding - SEO - Domain names:
ENTREPOSAGE LAVAL and ENTREPOSAGE LAURENTIDES
- Environmental Studies + Engineer Reports Available
- Prime locations
- Possibility to expand 4 locations*
FINANCIAL INFORMATION
$ 2 091 633 Current annual gross revenue
$ 347 740 Current total annual OPEX
$ NOI of 1 744 000
** These figures do not include the mortgage payments on the loan **
* There is currently an opportunity to take over a loan from the company at a 5.21% interest rate, which is locked in until May 2027.