U-Store
Shapleigh, ME
Asking price
$825,000
Units
59
Cap rate
—
Price / unit
$13,983
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 U-Store Back to Results UNDER CONTRACT Shapleigh, ME $825,000 U-Store is a well-built and professionally maintained self-storage property located on a 2.75-acre site in Shapleigh, Maine. This turnkey operation features 59 units across three buildings totaling approximately 9,800 rentable square feet. Owned and maintained by the same owner/builder since inception, the facility offers immediate income, operational stability, and strong potential for revenue growth. Property Highlights: Additional buildable land behind the existing structures for future expansion (Buyer to perform their own due diligence) Excellent condition throughout with ongoing pride-of-ownership maintenance Financial & Operational Strengths: Strong historic occupancy — consistently high occupancy rates with excellent tenant retention Limited competition in the immediate Shapleigh and surrounding York County market Significant room for revenue growth through: Market-rate rent increases Unit mix optimization Development of additional storage units on the rear land (Buyer to perform their own due diligence) The combination of strong historical performance, minimal local competition, and expansion potential makes U-Store an attractive investment for both experienced self-storage operators and new owners seeking a stable, recession-resistant asset. $825,000 View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $825,000 9,800 RSF 59 Units 2.75 Acres Contact Listing Broker Listing Broker Matt Robinson NAI Norwood Group (603) 714-3426 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 | $825,000 |
|---|---|
| Units | 59 |
| Price per unit | $13,983 |
| Building size | 9,800 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.
