Business Details
Your Trusted Partner for Alternative Real Estate Investments
Andover Properties is a leading investment firm specializing in the ownership, operation, and development of commercial properties across the United States. Our expertise lies in alternative real estate asset classes, including self-storage facilities, car washes, manufactured housing communities, and RV parks. As one of the largest private owner-operators in the self-storage sector, we leverage a vertically integrated platform to deliver proprietary insights and strategic value. Our team of seasoned professionals brings over 200 years of combined experience in acquisitions, capital markets, investment structuring, and asset management.Headquartered in New York City with offices in Miami and San Francisco, we maintain a disciplined investment framework focused on high-growth or undersupplied markets, renovation opportunities, and operational inefficiencies. With a 20+ year track record, we have achieved a 58% internal rate of return and 2.7x multiple on invested capital across 170+ properties totaling $2.8 billion in portfolio value. Our commitment to long-term value creation and relationships with global institutional investors and high-net-worth individuals underscores our position as a trusted partner in niche real estate markets.
Services
Self Storage
Car Wash
Small Bay Industrial
Manufactured Housing
RV Communities
Investment Management
Property Development
Capital Markets
Third Party Management
Andover Lending
Highlights and features
- We have a 20+ year track record in alternative real estate investments.
- Our team has over 200 years of combined real estate experience.
- We manage a $2.8B+ portfolio across 14M+ square feet of property.
- Our vertically integrated platform identifies unique market opportunities.
- We focus on disciplined investments in high-growth, undersupplied markets.
Services
Self Storage
We own and operate one of the largest private self-storage portfolios in the U.S., providing secure, scalable storage solutions for residential and commercial clients. Our facilities feature climate-controlled units, advanced security systems, and flexible lease terms. With strategic locations in high-demand markets, we combine operational efficiency with customer-centric service to maximize asset performance.
Car Wash
Our car wash properties utilize automated systems and eco-friendly cleaning technologies to deliver fast, reliable vehicle care. Focused on convenience-driven locations, we optimize throughput and customer satisfaction while maintaining high operational standards. These assets benefit from recurring revenue streams and low maintenance costs relative to other commercial real estate.
Manufactured Housing
We develop and manage manufactured housing communities that provide affordable living options in growing markets. Our properties feature modern amenities, well-maintained infrastructure, and resident-focused management practices. This asset class offers stable cash flow through long-term tenant leases and strong demand for attainable housing solutions.
RV Communities
Our RV parks cater to seasonal and full-time residents with premium amenities, utility hookups, and recreational facilities. Strategically located near tourist destinations and employment hubs, these properties capitalize on the growing demand for flexible living and travel accommodations. We enhance value through infrastructure upgrades and community programming.
Andover Lending
We provide tailored financing solutions for real estate investors and operators in niche asset classes. Our lending platform specializes in short-term loans, acquisition financing, and capital structuring for self-storage, car washes, and industrial properties. With deep market expertise, we deliver efficient capital deployment and risk-mitigated returns for borrowers and investors alike.
Questions
What types of real estate does Andover Properties focus on?
We specialize in alternative asset classes including self-storage facilities, car washes, manufactured housing communities, RV parks, and small bay industrial properties.
How long has Andover Properties been in business?
Our team has over 20 years of combined experience, with a track record of successful investments dating back to our founding.
Can individual investors participate in Andover Properties deals?
Yes, we work with accredited investors and high-net-worth individuals seeking opportunities in alternative real estate asset classes.
What geographic markets do you operate in?
We focus on high-growth or undersupplied markets across the United States, with properties in diverse regional locations.
How does Andover Properties add value to its assets?
We use our vertically integrated platform to identify operational inefficiencies, implement renovations, and optimize capital structures for long-term value creation.
Does Andover Properties offer third-party management services?
Yes, we provide third-party management for self-storage and other alternative real estate assets through our experienced operational team.
