5885 Haughn Rd - RHS Self Storage
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
5885 Haughn Rd - RHS Self Storage
22,800 SF Specialty Building Offered at $4,400,000 at a 4.55% Cap Rate in Grove City, OH 43123
Executive Summary
This Self Storage is located in Grove City. It sits on 5.33 acres with 2 storage buildings equaling 22,800 sq ft, with office building, and large RV parking storage. This storage is 95% full and stays that way thru out the year. There are presently has 160 flexible storage units along with 138 rentable parking spaces. This 298 space self-storage has net income over $200,000 annually. The owners rarely visit this site ,as they have a manager in place.
The plan is to develop this site into more storage units. The sellers have an approved plan to build 4 new storage buildings, a new office building, and to have 30 parking spaces. This will add 340 NEW self storage garages to the already 168 spaces. This will bring the rentable garages to 508 with 30 parking spots totaling 538 rentables.
The underground storm water catch basin is already installed saving over $100,000 of investment. The seller has architectural plans for these additions.
The plan is to develop this site into more storage units. The sellers have an approved plan to build 4 new storage buildings, a new office building, and to have 30 parking spaces. This will add 340 NEW self storage garages to the already 168 spaces. This will bring the rentable garages to 508 with 30 parking spots totaling 538 rentables.
The underground storm water catch basin is already installed saving over $100,000 of investment. The seller has architectural plans for these additions.
Property Facts
| Price | $4,400,000 | Building Class | C |
| Price Per SF | $193 | Lot Size | 5.33 AC |
| Sale Type | Investment | Building Size | 22,800 SF |
| Cap Rate | 4.55% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1985 |
| Property Subtype | Self-Storage |
| Price | $4,400,000 |
| Price Per SF | $193 |
| Sale Type | Investment |
| Cap Rate | 4.55% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 5.33 AC |
| Building Size | 22,800 SF |
| No. Stories | 1 |
| Year Built | 1985 |
1 of 1
PROPERTY TAXES
| Parcel Number | 040-010580 | Improvements Assessment | $305,025 |
| Land Assessment | $81,270 | Total Assessment | $386,295 |
PROPERTY TAXES
Parcel Number
040-010580
Land Assessment
$81,270
Improvements Assessment
$305,025
Total Assessment
$386,295
zoning
| Zoning Code | PUDI, Grove City |
| PUDI, Grove City |
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
5885 Haughn Rd - RHS Self Storage
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.