River Campus Self Storage
River Campus Self Storage Facility | 115 Climate Controlled Units Near University of Rochester
Marketing description
Benchmark Realty Advisors is pleased to exclusively present River Campus Storage, a premier climate controlled self-storage facility in Rochester, NY. This property offers an exceptional investment opportunity with a robust client base, modern amenities, and a prime location near the University of Rochester. The property was built out in 2018 to offer 115 climate controlled units over two floors, with a total of 8,675 Net Rentable Square Feet. Size of units range from small lockers (5x5), to large storage spaces (14x19), plus outside parking spots accommodating a variety of storage needs. Onsite leasing office, 24/7 video surveillance, electronic gate code access, and a well-lit premises ensures the safety and peace of mind for all tenants. HVAC updated in 2017/18 including (2) new electric furnaces, and (6) dual-zone mini split systems. This property offers newcomers to the self storage industry potential to finance with an SBA loan with only 10% down. Value add potential with site expansion, or securing the parking area to accommodate secured parking at the building.
Investment highlights
• Value Add: Strong pro forma potential with expert, onsite management of the facility. Plus the potential addition of secured parking.
• Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity.
• Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue.
• Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space. The site is also connected directly to the university offering students priority storage for each semester.
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