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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22353782

2215 W Grandview Blvd, Erie, PA 16506

DN
10311201336 NY
ZUZ REALTY
Listed by ZUZ REALTY
$5,099,999
440 days on market
Updated 71 days ago

DWub Self Storage

Details
Property Type Business for Sale, Industrial (+1)
Sub Type Flex, Warehouse
Square Footage 40,000
Units 300
Cap Rate 5.1%
NOI $260,000
Occupancy 95%
Pro-Forma Cap Rate 7.25%
Pro-Forma NOI $370,000
Price per SqFt $128
Class A
Year Renovated 2022
Investment Type Institutional

self-storage opportunity

Marketing description

Self-Storage Investment Opportunity – Erie, PA

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Located in Erie, PA, this self-storage facility offers a stabilized investment opportunity for experienced or first-time investors. This fully operational facility is a secure, steady, high-occupancy investment that provides minimal operational demands, strong financials, and the ability to raise rent.

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II. PROPERTY OVERVIEW

Buildings Size: 38,400 SF

Number of Storage Units: 302

Total Square Footage: 40,000 SF

Investment Highlights

https://drive.google.com/file/d/1hW27lcBIpTakJMwium0eFzhYuQsUOAYm/view?usp=sharing

Investment highlights

Located in Erie, PA, this self-storage facility offers a stabilized investment opportunity for experienced or first-time investors. This fully operational facility is a secure, steady, high-occupancy investment that provides minimal operational demands, strong financials, and the ability to raise rent.

Listing Contacts

DN
10311201336 NY
ZUZ REALTY
Listed by ZUZ REALTY

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$260,000.00
$21,666.67/mo

Valuation Metrics

0
DSCR
5.1%
Cap Rate
5.1%
ROI

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