Duncannon 2 Self Storage

63 unit site, with 50 being brand new units just installed.​  25-year billboard lease and a retail ground lease as well-  the proforma of the property is $62,652 NOI upon full lease-up a 8.76% proforma cap rate.​ Annual Average Daily Traffic count of 19,000 vehicles per day along Rt.11/15.​ Property also has a PA Fish and Boat Commission approved boat launch convenient for offering future boat storage.​ This is a great opportunity to lease up a brand new site on a busy corridor of central PA, perfect for a beginner storage investor.​ 

Site also includes option to purchase 8 additional 8.5x20 ft shipping containers for $3000 per container for a total of 71 units.​ 

Seller financing available at 10% of purchase price for 25 year term at 5.5% interest.​ 

Unit Mix and Pricing-

3- 5x10- $69

32-10x10-$99

24-10x12-$109

3-10x15- $115

1- 10x20- $147

63 Total Units

Proforma Financials

Self Storage- $77,736.00 Annual

Retail Ground Lease- $1800.00 Annually

Billboard Lease- $4000.00 Annually

$83,536.00 Annual Gross Potential Income

SEE OM FOR FULL FINANCIALS

DISCLAIMER: SELF-STORAGE INCOME, EXPENSE FINANCIALS AND

SQUARE FOOTAGE WITHIN ARE BASED ON PROFORMA

EVALUATION!

The property has been improved with chain link fencing, current

billboard leases, and an additional 50 portable self storage units.

The property consists of 4.7 acres of land that can be used if expansion if pursued.

Property is fully fenced, and secured and features ample parking in

addition to a storage area and current passive leases of billboards and

hunting advertising.

PA FISH and GAME/ DCNR approved boat launch with river access on

site for the convenient end-of-season storage opportunity.