Description
Great turnkey investment opportunity! 100% occupied 108 unit, 14,000+ square foot self-storage facility just off Hwy. 501 and less than 4 minutes from I-95 in an Opportunity Zone offered at 7% cap rate! Value add opportunities include: vacant .28 acre adjacent parcel offered as part of sale for addition of at least 5000 sq. ft. of self-storage (the tracts for sale span from W. Cleveland St. to W. Washington St. on N. Railroad Ave. in downtown Dillon); increase rents; create website for on-line reservation, payment and advertising; sell tenant insurance. The addition of 5000 sq. ft. of 10X10 units would yield an additional $40,000 plus in annual revenue. The current facility has a history of being 100% occupied. Owners also offering Railway self-storage facility on 3.17 acres commercial land on US Hwy 301 N approx. 1 mile away for self-storage portfolio (MLS # 20220556). Contact Bill Tuck at (843)260-6915 or williamtuck@icloud.com for a complete, detailed and confidential offering memorandum. Property viewed by appointment only.
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0BEDS
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1.11ACRES
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0BATHS
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01/2 BATHS
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14,444SQFT
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$79$/SQFT
School Ratings & Info
Description
Great turnkey investment opportunity! 100% occupied 108 unit, 14,000+ square foot self-storage facility just off Hwy. 501 and less than 4 minutes from I-95 in an Opportunity Zone offered at 7% cap rate! Value add opportunities include: vacant .28 acre adjacent parcel offered as part of sale for addition of at least 5000 sq. ft. of self-storage (the tracts for sale span from W. Cleveland St. to W. Washington St. on N. Railroad Ave. in downtown Dillon); increase rents; create website for on-line reservation, payment and advertising; sell tenant insurance. The addition of 5000 sq. ft. of 10X10 units would yield an additional $40,000 plus in annual revenue. The current facility has a history of being 100% occupied. Owners also offering Railway self-storage facility on 3.17 acres commercial land on US Hwy 301 N approx. 1 mile away for self-storage portfolio (MLS # 20220556). Contact Bill Tuck at (843)260-6915 or williamtuck@icloud.com for a complete, detailed and confidential offering memorandum. Property viewed by appointment only.
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.