Description
Cash flowing, turn-key, 112 unit self-storage facility on very busy Hwy 1 South near Hwy 601 intersection in Lugoff, SC. Offered alone at a 6% cap rate, or as part of 412 unit self-storage portfolio (250 units in Winnsboro, SC separately listed at MLS#20220500 and 50 units in Bishopville, SC separately listed at MLS#20220501). This property also has a 1,000 sq. ft. retail building that seller wishes to lease back (as he also will lease back the retail buildings on the other two properties if new owner desires). Immediate opportunity to raise rents that have not been raised in decades, and to increase management efficiency and occupancy with a website. Owner financing may be available. Please contact Bill Tuck at (843)260-6915 or williamtuck@icloud.com for a detailed, confidential Offering Memorandum. Property viewed by appointment only (this is an ongoing business).
-
0BEDS
-
0.96ACRES
-
0BATHS
-
01/2 BATHS
-
11,424SQFT
-
$0$/SQFT
School Ratings & Info
Description
Cash flowing, turn-key, 112 unit self-storage facility on very busy Hwy 1 South near Hwy 601 intersection in Lugoff, SC. Offered alone at a 6% cap rate, or as part of 412 unit self-storage portfolio (250 units in Winnsboro, SC separately listed at MLS#20220500 and 50 units in Bishopville, SC separately listed at MLS#20220501). This property also has a 1,000 sq. ft. retail building that seller wishes to lease back (as he also will lease back the retail buildings on the other two properties if new owner desires). Immediate opportunity to raise rents that have not been raised in decades, and to increase management efficiency and occupancy with a website. Owner financing may be available. Please contact Bill Tuck at (843)260-6915 or williamtuck@icloud.com for a detailed, confidential Offering Memorandum. Property viewed by appointment only (this is an ongoing business).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Neither The Realtor Association of Greater Pee Dee, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by The Realtor Association of Greater Pee Dee for use by its members and is not intended for the use for any other purpose.