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 investment’s overall strength, a 14,700 SF warehouse and ~5,400 SF office building is leased to a long-term tenant, providing immediate, stable cash flow and meaningful income diversification, thereby reducing overall risk from day one. $5,695,000 View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $5,695,000 51,000 RSF 347 Units 19.27 Acres Contact Listing Broker Listing Broker Jessie Gilton NAI Norwood Group 617-820-8443 Email Listing Broker Joe Robinson NAI Norwood Group 603-714-4019 Email Listing Broker Nathan Beliveau-Robinson NAI Norwood Group (603) 345-0202 Email Stay Connected Contact Us 1-800-55-STORE Contact Us 5460 S. Quebec Street Suite 100 Greenwood Village, CO 80111 info@argus-realestate.com Join Argus Interested in becoming an Argus Broker Affiliate? Learn How © 2026 Argus Self Storage Advisors.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $5,695,000 |
|---|---|
| Units | 347 |
| Price per unit | $16,412 |
| Building size | 51,000 sq ft |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a storage facility, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Physical vs economic occupancy — not disclosed
What is physical occupancy, and what is economic occupancy?
A facility can be 92% full and still be collecting far less, through concessions and delinquency. Physical occupancy alone flatters the deal.
Climate-controlled share — not disclosed
How many units are climate-controlled, and what is the rate premium?
Climate-controlled space earns more per square foot and costs more to run. The mix changes both sides of the model.
Expansion land and entitlements — not disclosed
Is there expansion land, and has anything been entitled or permitted?
Often the whole thesis in storage. Also the difference between a plan and a permit.
How it is managed today — not disclosed
Is this staffed, remotely managed or unmanned, and does a management contract transfer?
Decides whether the expense line you are shown survives the sale.
Asking price — disclosed
Currency of the asking price — disclosed
Unit mix and rent roll — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
