Newport Self Storage
Newport, NH
Asking price
$5,695,000
Units
347
Cap rate
—
Price / unit
$16,412
About this property
Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Newport Self Storage Back to Results Newport, NH $5,695,000 Newport Self Storage is a newly constructed (2025) 51,000 SF self-storage facility offering 347 non-climate-controlled units along the Route 11 corridor in Newport, New Hampshire. The property serves a broad trade area encompassing Newport, Claremont, Sunapee, and the greater Lake Sunapee region, benefiting from prominent Route 11 signage that drives consistent traffic despite a set-back position. Purpose-built for operational efficiency, the property features a fully fenced and gated perimeter, keypad-controlled access, and wide drive aisles accommodating large moving vehicles. As a newly delivered asset, the facility requires minimal capital investment and is well-suited for remote management and automated operations. With in-place rents currently below market, the asset offers a clear and measurable value-add opportunity through lease-up and rate optimization. The surrounding market is supported by a diverse economic base, ongoing residential development, and strong seasonal demand from the Lake Sunapee second-home owners and recreational traffic providing a consistent and growing pipeline of storage demand. Further enhancing the investmen
All details
| Asking price | $5,695,000 |
|---|---|
| Units | 347 |
| Price per unit | $16,412 |
| Building size | 51,000 sq ft |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
