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2030 Cemetery Ave

Southwest Philadelphia, PA 19142 | Limitless Storage

A neglected two-parcel garage-storage site in Southwest Philadelphia, bought for $500K in December 2022, renovated top to bottom, and grown into a fully automated facility collecting more than 3x what it did at purchase.

125

Units

~22,000 sqft

Storage space

97%

Occupancy

2022

Acquired

Drone tour

The story

December 2022

The purchase

I acquired the property for $500,000 - a two-parcel garage-storage site in Southwest Philadelphia. The site was tired and undermanaged: overgrown, cluttered, and collecting just $5,500 a month from the tenants in place.

2023

The renovation

I put roughly $650,000 of improvements into the site - a full cleanout, door and gate work, electric, security infrastructure, and about 10,000 sqft of newly built units: roughly 6,600 sqft of new buildings plus storage containers. The construction was funded through lender draws, documented stage by stage.

2023 - today

Lease-up and stabilization

With the site renovated, every unit went online - website, Google Business, and storage aggregators - and the facility leased up steadily under fully remote management. Monthly collections have grown from $5,500 to roughly $17,900, a 3.3x increase, and the facility now sits at 97% occupancy.

Before & after

Before
During construction
After

By the numbers

$500K

Purchase price

December 2022

$650K

Improvements

Incl. ~10,000 sqft of new units

3.3x

Collections growth

$5,500/mo at purchase → ~$17,900/mo

97%

Occupancy

125 units, ~22,000 sqft

10,000 sqft

New space built

~6,600 sqft buildings + containers

58%

Tenant insurance

Of tenants enrolled in coverage

Collections and insurance figures from the facility's management software.

How it runs

No on-site staff. The facility runs as a systems-driven remote operation - the same philosophy behind the automation work I do today.

  • Cloud-based storage management software handles leases, billing, and autopay - tenants sign up and pay without ever needing a phone call.
  • Online-first leasing: all availability is listed on my website, Google Business profile, and storage aggregators.
  • Electronic gate access controls entry around the clock.
  • 24/7 camera coverage monitors the site remotely.
  • Autopay-required leases keep collections consistent, with the majority of tenants paying online or by ACH.
  • A tenant insurance program covers most occupied units.
  • No on-site staff - the entire operation runs remotely.

Site plan

Labeled aerial site plan showing the unit layout across both parcels.