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 price | TBD by Market |
|---|---|
| Units | 247 |
| NOI | $413,823 |
| Building size | 27,035 sq ft |
| Year built | 1979 |
| Address | 12040 Parklawn Dr, Rockville, MD, 20852 |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |