Investment Real Estate Construction LLC (IREC) has completed the renovation of 140 Mini Storage in Finksburg, Md. The 28,475-square-foot self-storage facility at 3240 Old Westminster Pike just outside of Baltimore was dilapidated and in much need of repair, according to an IREC press release. Many of the unit doors were damaged or broken; the grounds were overrun by weeds and poor landscaping; and the office, porch and stairs were in need of major repairs, company officials said.
The property includes six single-story, drive-up buildings offering 270 storage units and 42 RV-parking spaces. It is paved and fully fenced with surveillance cameras and an onsite rental office.
The renovations were started in August and completed in October. The total project, which covered 24,475 square feet, included improvements to the landscaping, the replacement of 327 roll-up doors, re-skinning on all buildings, bollard installation and upgraded lighting.
IREC sister company Investment Real Estate LLC brokered the sale of 140 Mini Storage earlier in the year. The new owners hired the company's management division, Investment Real Estate Management, to assume facility operation.
IRE is a property-management and consulting firm specializing in the self-storage industry. Since its inception in 1998, the company has provided brokerage, construction, management and development services to facility owners and investors.