At Patriot Holdings, our unique M.A.S.M. strategy has consistently driven value across our portfolio. A prime example of this is the Burlington, Vermont, self-storage facility, which we acquired for $3.1 million and grew to over $5.6 million in value.
📽️ Watch the Full Case Study Video Here
The MASM Strategy:
- Market: Burlington is a restricted development area with low competition—ideal for self-storage growth.
- Asset: The facility, built in 1986, covers 28,020 square feet and sits near major highways and retailers, offering great visibility and accessibility.
- Seller Situation: We acquired the asset from a dentist ready to move on after losing his manager. The underperforming asset presented a clear opportunity to add value.
- Management & Marketing: After the acquisition, we installed remote management, upgraded security, and optimized rents. Our aggressive SEO and Google Ads marketing efforts significantly increased occupancy and revenue.
Results:
- Income Growth: From $419,000 to $538,000.
- Expense Reduction: From $276,000 to $205,000.
- NOI Growth: From $143,000 to $334,000.
- Current Value: Increased from $3.1 million to $5.6 million.
Although we haven’t sold the property, today’s value would generate a 76% IRR and a 2.54x Equity Multiple for investors. We also refinanced, returning all investor capital and locking in 5 years of interest-only financing while maintaining a strong cash flow of $60-80k annually.
Learn more about how our MASM strategy can drive strong returns in real estate investments.
Next Steps: Interested To Learn More or Invest In Commercial Real Estate?
If you would like to learn more about our Open Funds or invest in Commercial Real Estate please contact our investor relations team by completing the New Investor Form here (it will take less than 2 mins).
