Current Projects

We're Looking for partners on our next projects.

At Suitable Storage we’re growing and always looking for our next profitable self storage investments.  If you’re interested in partnering on a project with us, connect with us by clicking the button below to go to our Contact page.  We’re currently looking to work with people who…

  • Have properties that they want to co-develop with us into performing assets

  • Want to participate in self storage projects with us as passive cash partners

  • Want to sell us their property at a fair price

Jackson, TN 38301

 Pre-Acquisition

Pre-Acquisition

 Pre-Acquisition Entrance

Pre-Acquisition Entrance

 Post-Acquisition

Post-Acquisition

 Temperature Controlled Building

Temperature Controlled Building

Pad Being Formed For The New Enclosed RV Building.jpg
 Ready For Concrete

Ready For Concrete

  • Units – 146 (122 storage units, 24 parking spaces)

  • Currently Building Units- 172

  • Original NOI – $73,511

  • Improved NOI – $265,575

  • Original Occupancy – 89%

  • Improved Occupancy – 90%

  • Purchase Price – Not Disclosed

  • Projected Improved Value – $3,320,000

Value Added – Post acquisition, we added a retail component, business center, and a Uhaul component. We are currently in the process of  building 172 additional units in 4 separate buildings to meet demand. Value once stabilized at 85% will be roughly $3,074,000 with three more acres of room to expand again.

 
 New Completed Dry Storage Building

New Completed Dry Storage Building

 Concrete Pad For RV Building

Concrete Pad For RV Building

 Temperature Controlled Building

Temperature Controlled Building

 Temperature Controlled Building

Temperature Controlled Building


Muncie, IN 47303

Temp Control 4_preview.jpg
  • Units – 202

  • Original NOI – $52,780

  • Improved NOI – $60,200

  • Original Occupancy – 67%

  • Improved Occupancy – 84%

  • Purchase Price – $600,000 (included additional 1.5 acres valued at $120,000)

  • Improved Value – $910,000

Value Added – Post acquisition, combined the management with the above Muncie Property and utilized the kiosk. We are exploring the possibility of fencing and gravel on the 1.5 acre parcel that sits between both Muncie properties for Boat/RV parking until occupancy rises at both facilities.

Contact Us To Learn More About Self Storage Investment Opportunities!