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Self-Storage

Castle Mini Storage

Rockville, MD

Castle Mini Storage, Rockville, MD

Asking price

TBD by Market

Units

247

Cap rate

Price / unit

About this property

Castle Mini Storage - Skip to content Properties For Sale Track Record Closings Featured Case Studies Client Success Stories Insights Industry Reports Insights Video Library Careers About Who We Are Our Team The SVA Difference Services Press Releases SkyView In The News Contact Us Log in Properties For Sale Track Record Closings Featured Case Studies Client Success Stories Insights Industry Reports Insights Video Library Careers About Who We Are Our Team The SVA Difference Services Press Releases SkyView In The News Contact Us Log in View All Properties for Sale Castle Mini Storage Washington-Arlington-Alexandria, DC-VA-MD-WV Self Storage Login to View Financials Login to View OM Share This Property Call for Offers: ends July 22, 2026 Deal Highlights Rare Opportunity To Acquire a Near-Stabilized Asset in a Severely Undersupplied Market, With Just 5.4 Square Feet Per Capita Within 3 Miles and 4.0 Square Feet Per Capita Within 5 Miles Positioned in a Highly Affluent Trade Area With 170,000+ Residents Within 3 Miles and Median Household Incomes Nearly Twice the U.S. Average, Supporting Long-Term Rental Rate Growth Value-Add Investment Opportunity To Modernize Access to Second-Floor Units With Elevator Lifts, Unlocking Premium Rental Rates and Potentially Increasing GPR by 15% Over Current Stabilized Projections The facility is currently 85% physically occupied with economic occupancy at 77%, indicating embedded lease-up and pricing upside. With current average rents at $1.66 PSF

All details

Asking priceTBD by Market
Units247
NOI$413,823
Building size27,035 sq ft
Year built1979
Address12040 Parklawn Dr, Rockville, MD, 20852
First seenSep 6, 2026
Last verifiedSep 7, 2026