Self Storage Facility

About this property

Storage business for sale. Income: 150K+/yr or more for past 3 years. 80%-85% occupancy. Revenues: 700K On island of Montreal in a relatively central location. Footprint of storage business: 79,000ft gross Number of units: between 500 and 1,000 Nice build-out, excellent security, good visibility, possibility to add more units onsite. Note that this sale is for a business with a long-term perpetual lease. 40% financing is available through seller. To maintain existing profitability, minimal management is required (as is the case now). A very entrepreneurial person could double income in a very short time span. Reason for sale: The owner is involved in many businesses and storage doesn't really fit. He feels he has taken the business as far as he can and wants to see someone more motivated take it to the next level.

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.

Before you call the broker

10 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.

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  Currency of the asking price — not disclosed

  Is the asking price in US or Canadian dollars?

  The source did not state one. A 25% error in your model is not a rounding difference.

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  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.

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  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".

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  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.

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  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.

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  Unit mix and rent roll — not disclosed

  Can you provide the current rent roll with unit sizes, quoted rates and actual rates?

  Quoted rates and collected rates diverge in storage more than in most assets. The rent roll shows which one the NOI is built on.

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  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.

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  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.

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  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.

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  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.

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  Asking price — 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.

1. Sep 6, 2026First seen by UnitListed

The asking price has not changed across any of our observations.