Andover Properties

Private Investment Firm New York, United States ·Founded 2003

Overview

Andover Properties is an investment firm specializing in the ownership, operation, and development of commercial properties throughout the United States. The firm focuses on alternative real estate asset classes, including self-storage facilities, car washes, manufactured housing, and RV communities. With over 20 years of experience, Andover Properties has become one of the largest private owner-operators of self-storage facilities in the country. The firm's vertically integrated platform encompasses expertise in acquisitions, development, capital markets, investment structuring, property management, and asset management. This comprehensive approach enables Andover Properties to identify and capitalize on opportunities in high-growth and under-supplied markets. Their investment strategy emphasizes long-term value creation through renovation, expansion, and ground-up construction projects. Over its two-decade history, Andover Properties has demonstrated a strong track record, generating realized internal rates of return (IRR) of 58% and a multiple on invested capital (MOIC) of 2.7x. These figures reflect the firm's disciplined investment framework and commitment to delivering value to its investors and partners.

Investment Focus

  • Accredited investors
  • Property owners looking to sell

Portfolio Companies

Storage King USA

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Frequently asked questions about Andover Properties

What sectors does Andover Properties invest in?

Andover Properties invests in Real Estate, Retail, Industrial, Self Storage and Car Wash, and is based in New York, United States. Andover Properties is listed as a private investment firm in the ConnectSafely investor database.

What stage does Andover Properties invest at?

Andover Properties backs companies at Growth and Buyout.

Which regions does Andover Properties invest in?

Andover Properties invests across United States.

Who are the partners at Andover Properties?

Team members listed for Andover Properties include Arad Yedidia (Chief Financial Officer) and Robert Smith (Chief Financial Officer).

What companies has Andover Properties invested in?

Andover Properties's portfolio includes Storage King USA.

How do I contact Andover Properties?

Andover Properties's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database