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Roll Up Self Storage Portfolio

2 Specialty Properties Offered at $6,400,000 in Multiple Locations

Investment Highlights

  • The Mountainous Terrain and Topography of the Region Provides a Natural Barrier to Entry for Future Storage Development
  • The Growing Asheville MSA is the 7th Largest in the State of North Carolina and is Home to 417,202 Residents
  • Very Strong Demographics at Both Locations Highlighted by an Average Household Income of Over $85,000 Within Five Miles of Each Facility

Executive Summary

A stabilized and cash-flowing self-storage portfolio totaling 38,865 net rentable square feet is located in the Asheville MSA.

Property Facts

Price $6,400,000
Price / SF $159.14 / SF
Cap Rate 6.83%
Sale Type Investment
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 40,216 SF
Total Land Area 6.83 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
15 Fallen Spruce Dr, Asheville, NC 28806 Specialty 21,000 SF 2004 -
Spacious Storage
1191 New Stock Rd, Weaverville, NC 28787
Specialty 19,216 SF 1998 -
Show More > < Show Less
  • Listing ID: 33972098

  • Date on Market: 11/22/2024

  • Last Updated:

  • Address: Roll Up Self Storage Portfolio, Asheville, NC

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