Average square foot calculated using Size range provided by listing agent.
Description
Rare Value-Add Storage Investment Opportunity – 36 Units + Manager’s Trailer – $399, 900 Don’t miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15, 000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager’s office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!Show Description
MLS® Number4271109
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1992
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatDuctless, Office Only
A/CDuctless, Office Only
Heating Fuel
Extras
Building, Land
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