INVESTMENT OVERVIEW
Executive Bay Storage is a stabilized, cash-flowing investment opportunity in Greenfield, New Hampshire. It consists of 19,000 NRSF and 157 units.
The property is located just 30 miles west of the most populous city in NH (Manchester, NH- home to over 115,000 residents) and is surrounded by well populated sub- cities, including Milford, Peterborough, Keene, and Wilford, creating enough density and growth within the radius to drive continued storage demand.
The subject property sits at very healthy occupancy levels, holding physical occupancy levels in the 90’s and an economic occupancy of 121%.
A key highlight of this property is its significant rental rate potential. A new investor has the opportunity to increase rates internally, as well as upon tenant turnover. The current “achieved” rental rates are the lowest amongst competitors while asking rates fall even further behind, (over 40% below nearest competitor). These statistics along with the markets strong household incomes prove the immediate ability to push GPI and EGI and support a strong long-term investment and enhanced month-over-month cash flow.
This well-maintained storage facility offers paved drive aisles, full perimeter fencing, and a controlled gate code entry system—delivering convenience, security, and peace of mind for tenants.
INVESTMENT HIGHLIGHTS
LEAD BROKER
Taylor Dooley | Vice President of Investments
O: 727.219.2642 | M: 508.681.5924
Taylor@meridianstoragegroup.com
FL Lic. SL3416087
FACILITY SUMMARY
| Property Name: | Executive Bay Storage |
| Address: | 295 Sawmill Rd, Greenfield, NH 03047 |
| County: | Hillsborough County |
| Land Size: | 3 Acres |
| Total NRSF: | 19,000 NRSF |
| Total Units: | 157 Units |
| Physical Occupancy: | 91% |
| Economic Occupancy: | 121% |
| Building Count: | 4 Buildings |
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