2000 Queen Ave., Albany, OR 97322

Details
Price$7,500,000
Units328
ZoneCC
flyermap

The development of a 328-unit climate-controlled self storage facility in Albany, Oregon, presents a lucrative investment opportunity. With its prime location, superior amenities, and strong market demand, the project is poised to deliver significant returns for investors while fulfilling the storage needs of the local community.

The self-storage facility will consist of 328 units of varying sizes to suite client needs, well equipped with climate control systems, ensuring the preservation of sensitive items such as furniture, electronics, and documents. Security measures, including surveillance cameras, gated access, and on-site management, will be implemented to safeguard customers’ belongings.

Differentiating itself from existing storage facilities in the area, the proposed facility will prioritize cleanliness, affordability, and superior customer service. Offering modern amenities and a well-maintained environment, it aims to attract and retain a loyal customer base looking for indoor-climate controlled storage solutions within the heart of the city’s single family homes and multifamily properties alike.

Comprehensive financial analysis indicates promising profitability and long-term sustainability. Premiums on a per SF basis are driven by the location, and modernized solutions provided by Mega Storage’s property and offering characteristics.

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