Flagship Project — 130 Depot St, Buckfield ME

~20,000 sf drive-up self-storage on income-backed, debt-free land. Conservative structure and a clear path to stabilization.

Flagship Project — Buckfield

130 Depot Street — Our First Income-Backed Storage Development

~20,000 rentable square feet — drive-up units designed for rural demand resilience
Lease-up to stabilization targeted within 24–36 months
Existing campus tenants produce contracted rent with annual escalations
Debt-free land, first-position lender security, and sponsor equity (~$450k)
Phase-ready parcel with utilities and contractor relationships in place
Future expansion optionality across additional DDS-controlled parcels
Independent feasibility (July 2025) supports the 20,000 sf program and timeline
Modeled stabilized value band ~$2.18–$2.28M at 6.5–6.75% cap rates
Day-one income supports >2.2× coverage of the $64k annual interest at 8% IO
Simple, drive-up buildings to reduce complexity, cost, and build time
Lean, tech-forward operations to protect margins post-stabilization
Local vendor bench and schedule framework aligned to precise timelines
Expansion triggers tied to lease-up milestones for staged growth
Access, security, and on-site automation planned from day one

130 Depot St — Buckfield, ME

Protection-First Structure

Existing campus rent covers the $64,000 annual interest by more than 2.2× from day one.

First-position mortgage on debt-free land and improvements; approximately $450k sponsor equity.

Independent feasibility recommends a 20,000 sf drive-up facility for Buckfield with a clear path to stabilization.

Get the investor presentation and feasibility summary instantly, and request the full study for manual release.