Z Storage | Early Lease-Up Opportunity

Introducing Z Storage, an exceptional investment opportunity located in the vibrant city of South Bend, Indiana, known for its robust consumer demand. This expansive property spans nearly 12 acres, with 4 acres dedicated to a state-of-the-art self-storage facility. The remaining land presents promising opportunities for additional storage structures, increased boat and RV parking, or the establishment of an on-site management office.

The anticipated certificate of occupancy is expected in the second week of September, positioning this property as an ideal prospect for existing operators to seize control of the leasing process. It also presents a unique chance for new investors looking to establish a presence in this market, allowing them to gradually expand their footprint by adding units in line with demand.

Current asking rates are competitive with the surrounding market. However, due to the limited number of nearby competitors, there is significant potential to elevate rates and enhance cash flow under new management. Although this is a newly developed facility with minimal cash flow at the time of purchase, it has already secured 10 reservations.

Easily accessible to local residents, the property features a secure electronic gate, ensuring convenience for tenants. This investment offers immediate scale and a robust presence in the community. With ample opportunities to increase lease-up activity and develop additional on-site facilities,
Z Storage represents a rare and lucrative market investment in this region.