Listed by 1st Rome Realty
$4,000,000
Colonial Self Storage I & II
Details
Property Type Self Storage
Square Footage 49,984
Net Rentable (SqFt) 49,984
Units 258
Cap Rate 7.12%
NOI $285,000
Occupancy 90%
Tenancy Multi
Pro-Forma Cap Rate 7.12%
Pro-Forma NOI $285,000
Price per SqFt $80
Price Per Acre $60
Broker Co-Op Yes
Class B
Year Built 2021 - 2007
Year Renovated 0
Buildings 19
Stories 1
Acreage 10.000
Zoning c
Parking Spaces 40 spaces
Parking Per SqFt 0.80
Investment Type Owner/User
Occupancy Date 08/30/2024
Ground Lease No
Ceiling Height 9
Ownership FEE
Self Storage | 258 Units | $15,504/unit
Marketing description
1ST Rome Realty is pleased to offer Colonial Self Storage l & ll located in Rome , New York, which is 30 miles East of Syracuse. There are 258 non-climate controlled storage units between both locations. Excellent steady cash flow with a low vacancy rate. Three year Profit & Loss statement are available upon request.
Investment highlights
Well-established 258 unit storage facility with consistent income. Currently operating at strong occupancy with room to add additional units. Expansion could significantly increase gross revenue and improve ROI. Excellent opportunity for investors seeking both cash flow and appreciation.
Listing Contacts
Listed by 1st Rome Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$285,000.00
$23,750.00/mo
Valuation Metrics
0
DSCR
7.12%
Cap Rate
7.12%
ROI
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