Plymouth, N.Kingston st.

Why Invest in 320 Kingston St, Plymouth?

Let's look at a few reasons why:

1. Robust Revenue Growth

Our 7-year financial projections highlight significant revenue growth, with the property generating $107,155 in rental income by the end of Year 1, and reaching an impressive $257,338 by Year 7. Supported by a strategic marketing plan and operational efficiencies, this property is poised to deliver consistent, reliable income streams.

2. Increasing Occupancy and Demand

277Home experience and market insights have allowed us to project a strong upward trajectory in occupancy. In Year 1, the occupancy rate will grow from 0% to 87%—and will stabilize at 92% from Year 2 onwards. This high level of occupancy is supported by increasing demand for self-storage in the Plymouth area, further bolstered by 277Home exceptional management.

3. Predictable and Scalable Expense Structure

We’ve carefully planned for manageable operating expenses, with total property expenses projected at $209,467 in Year 1, rising only modestly to $216,707 by Year 7. Our lean and efficient operations, including personnel costs, utilities, and maintenance, ensure stable margins as we increase revenue.

4. Significant NOI Growth

Starting in Year 2, the property will generate positive Net Operating Income (NOI), growing from $20,202 in Year 2 to $53,540 by Year 7. This steady increase in NOI underscores the potential for substantial long-term profitability and solid returns on your investment.

5. A Low-Risk Investment with Strong Fundamentals

With a proven business model and detailed projections, this investment offers a secure opportunity for growth in an industry that thrives in both up and down markets. Our conservative financial assumptions account for possible market fluctuations, ensuring your investment is protected against volatility. Additionally, self-storage has historically demonstrated resilience during economic downturns.

Why partner with us for this project?

277Home’s extensive industry expertise and national reputation for operational excellence provide a competitive advantage. Our market research, customer-centric approach, and dedication to maximizing the value of every property give us the confidence to deliver exceptional results. By investing in this project, you’ll be partnering with a trusted leader in the self-storage industry, poised to capitalize on Plymouth’s growing demand for quality storage solutions.

This is your opportunity to invest in a stable, high-performing asset in a booming sector. With a projected $53,540 NOI by Year 7 and an ever-increasing occupancy rate, 320 Kingston St offers an outstanding combination of immediate potential and long-term gains.

In partnership with CubeSmart for a secure management

A Prime Investment Opportunity: Self-Storage Facility at 320 Kingston St, Plymouth, IN

Along with our partner CubeSmart, one of the nation’s leading self-storage operators, we are proud to offer a lucrative opportunity for investors to be part of the thriving self-storage industry. We present 320 Kingston St, Plymouth, Indiana, a strategically located self-storage facility under the expert management of CubeSmart Asset Management, LLC. With a detailed Self-Storage Management Agreement (SSMA) already in place with Enterprise Holdings LLC, this project offers not only security but also significant growth potential.

Strong Revenue Generation

This property promises steady and scalable revenue growth, thanks to CubeSmart's effective marketing strategies and well-established customer base. Revenue streams include rental payments, tenant insurance programs, merchandise sales, and more. With CubeSmart managing these diverse revenue sources, investors can expect reliable and increasing income.

Predictable and Scalable Fee Structure

Management Fee: Investors benefit from a low management fee of 5% of monthly gross revenue or a flat $2,000 minimum, whichever is greater.
No Leasing Commissions: Unlike other real estate investments, there are no leasing commissions, keeping operational costs low and transparent.

Risk-Minimized Operation

CubeSmart handles all hiring, personnel management, vendor negotiations, and daily operations, leaving you free from the complexities of property management. This agreement also ensures that the property is always maintained to the highest standards, securing long-term value and tenant satisfaction.

Future-Proof Investment with Minimal Capital Outlay

CubeSmart not only manages routine maintenance but also oversees capital improvements, ensuring the property’s long-term value increases over time. For larger capital projects exceeding $50,000, CubeSmart charges a modest 8% construction management fee, ensuring that upgrades are done efficiently and cost-effectively.

Strong Legal and Financial Protections

Investors are protected through comprehensive insurance requirements. The agreement includes detailed indemnity provisions, ensuring that CubeSmart is accountable for any gross negligence. Additionally, the owner benefits from gross revenue sharing, including administrative shares from tenant insurance offerings, without having to navigate operational complexities.

Flexible Terms and Exit Strategy

The agreement allows for a 3-year initial term with automatic renewals, ensuring continuity, but also includes an easy termination clause with minimal fees after the initial period. This flexibility provides a safety net for investors looking for both short-term gains and long-term value.

And finally, Why the Self-Storage Industry?

Self-storage has proven to be a recession-resistant sector, consistently delivering strong returns regardless of economic cycles. With increasing demand in suburban markets like Plymouth, Indiana, this property offers a stable and growing investment with minimal risk. The 320 Kingston St facility is ideally positioned to capture market demand, providing secure, high-quality storage solutions to the local community.

Welcome to an Exceptional Investment Opportunity