Camden Mt. Ephraim Avenue Self Storage represents a premier investment opportunity in Camden, a prominent suburb of Philadelphia. This proposed 4-story facility will encompass 156,800 gross square feet and feature 1,184 climate-controlled units. Located in a high-demand residential area, this market is notably undersupplied with self-storage, especially climate-controlled options.
With municipal site plan approval already secured, the project is primed for swift progress towards full building permits and construction. The site benefits from exceptional visibility and accessibility, positioned just minutes from major highways 676, 76, and 95, with over 16,390 vehicles passing daily.
Camden, with a population of approximately 210,000, alongside neighboring areas like Collingswood and Audubon, boasts high population density and a 96% market occupancy rate. The local market offers only 3.03 square feet of self-storage per person, well below the national average of 8.52 square feet, highlighting the strong demand and premium rental potential for this Class A facility.
