Summary
💎 Off Market 34 Unit Self Storage Facility w/ Value Add! 💎
Key Features:
- Current NOI: $12,046
- Pro Forma NOI: $21,445, investors can anticipate substantial income growth, leading to remarkable returns on investment.
- Current Cap Rate: 6.85%
- Pro Forma Cap Rate: 12.25%, showcases the consistent demand for storage space, ensuring a stable income stream for investors.
- Priced at $45.71/sqft, investors stand to benefit from potential property value appreciation in the future.
Investment Snapshot:
- Total Net Rentable Square Feet: 3,500
- Number of Units: 34
- Lot Size: 0.4 Acres
- Physical Occupancy: 82.14%
- Economic Occupancy: 56.04%
- Price: $45.71/sqft
FOR MORE INFO & DUE DILIGENCE PACKET, PLEASE CALL ANTHONY!
PID #40547
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold