Hearthfire is thrilled to share this most recent closing in LaPorte, IN!
Hearthfire first entered the Northwest Indiana market in late 2021. This mini-storage acquisition will serve as an annex location – with 19,200 SF and 107 units – to the 60,575 SF and 548 units being developed 0.2 miles away.
This off-market acquisition is the third and final property within the Hearthfire Income Portfolio.
Our market presence led the owner to sell it to us directly, which turned out to be a 40% discount from the appraisal. Thank you to all the Hearthfire Team and partners who helped us make this happen. And congratulations to our Investors on this addition!