Hope Storage Portfolio | 155 Units 2 biens • Spécialité • À vendre 2 479 418 $ CAD • Emplacements multiples

The Hope Storage Portfolio presents a rare opportunity to acquire two established self-storage facilities strategically located in Middle Tennessee. The portfolio consists of approximately 155 rentable spaces across two operating properties with approximately 21,328 square feet of rentable improvements. Together, the facilities provide diversified income from both traditional self-storage rentals and commercial tenants while offering immediate cash flow and a fully operational business platform.
The portfolio is being offered for $1,750,000 and generated approximately $158,531 in trailing twelve-month effective gross income and $110,653 in Net Operating Income, representing a 6.32% capitalization rate based on the asking price. Financial information is based on trailing twelve-month operations and is available to qualified purchasers.
Unlike many self-storage opportunities that require operational improvements before realizing stable returns, Hope Storage is being offered as a fully functioning business with established systems already in place. Ownership has invested significant time and capital into creating operational efficiencies, modernizing management processes, and improving the customer experience, allowing a purchaser to assume ownership with minimal disruption.
The sale includes substantially all business assets necessary to continue operations immediately upon closing, including:
• Established customer base
• Existing self-storage rental agreements
• Existing commercial tenant leases
• Operating websites
• Domain names
• Business telephone numbers
• CC Storage management software
• Security camera systems
• Business branding and marketing assets
• Operational procedures and management systems
This infrastructure provides immediate continuity while reducing the time and expense typically required to transition independently owned facilities.
Portfolio Overview
The portfolio consists of two complementary facilities serving different trade areas within Middle Tennessee.
Tullahoma Storage Center features approximately 10,663 square feet of rentable improvements and includes both self-storage units and commercial rental space. Ownership has continued investing in the property through recent capital improvements, including commercial HVAC replacement, exterior painting completed in 2023, and a new security camera system installed in 2025.
Golden Eagle Storage contains approximately 10,665 square feet of rentable improvements and operates as an established self-storage facility with consistent rental income and professional management systems already in place.
Together, the portfolio provides diversified income across multiple tenant types while benefiting from centralized management and shared operating efficiencies.
Financial Performance
The Hope Storage Portfolio has demonstrated consistent operating performance while maintaining disciplined expense management.
Trailing Twelve Month Highlights include:
• Gross Rental Income exceeding $158,000
• Net Operating Income exceeding $110,000
• Operating Expense Ratio of approximately 30%
• Nearly 70% NOI Margin
• Established recurring monthly revenue
• Diversified tenant base
These financial metrics reflect an operating business with demonstrated cash flow rather than a repositioning opportunity requiring significant capital investment.
Market Fundamentals
Both facilities are located within growing Middle Tennessee communities that continue to experience stable population trends, residential development, and expanding employment opportunities.
Tullahoma benefits from a diversified local economy supported by aerospace, defense, manufacturing, healthcare, education, and the presence of Arnold Engineering Development Complex (Arnold Air Force Base), creating long-term demand for self-storage services from both residential and commercial customers.
The surrounding region continues to benefit from economic growth throughout Middle Tennessee, supporting demand generated by residential moves, downsizing, military transfers, business storage needs, and small business operators.
Operational Advantages
Current ownership has focused heavily on improving operational efficiency rather than simply collecting rent.
Management systems currently in place include:
• Remote property management capability
• Online payment and account management
• Digital marketing infrastructure
• Professional management software
• Security camera monitoring
• Established websites with online presence
• Existing business telephone systems
• Centralized operating procedures
These improvements create operational efficiencies while reducing management complexity for future ownership.
Recent Capital Improvements
Ownership has continued investing capital into the properties through ongoing maintenance and improvements, including:
• New commercial HVAC systems
• Exterior painting completed in 2023
• New security camera installation
• Ongoing maintenance of buildings and grounds
These investments enhance the overall quality of the portfolio while minimizing deferred maintenance concerns.
Investment Opportunity
The Hope Storage Portfolio represents an opportunity to acquire two stabilized self-storage facilities with immediate cash flow, established operations, and professional management infrastructure already in place.
Although the portfolio does not include significant expansion acreage, future ownership may continue improving financial performance through:
• Market rental rate optimization
• Occupancy growth
• Continued expense management
• Ancillary income opportunities
• Operational efficiencies
The combination of established operations, recurring revenue, diversified tenant income, and modern management systems makes the portfolio attractive for owner-operators, regional storage companies, private investors, family offices, and 1031 exchange buyers seeking stable income-producing commercial real estate.
Sale Information
The properties are being offered exclusively as the Hope Storage Portfolio and will not be sold separately. The transaction includes the real estate together with the operational assets necessary to continue business operations. Detailed financial statements, rent rolls, and additional due diligence materials are available to qualified purchasers upon execution of a confidentiality agreement.