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27190108
27190131

2238 S Eber Rd, Monclova, OH 43542

MF
MI MI 6501347381
Evan DeCiantis
Listed by Evan DeCiantis
$849,000
271 days on market
Updated 113 days ago

A Plus Storage Pros

Details
Property Type Self Storage
Sub Type self storage
Square Footage 16,140
Net Rentable (SqFt) 15,800
Units 129
Cap Rate 7.54%
NOI $64,053
Occupancy 74.4%
Pro-Forma Cap Rate 13.62%
Pro-Forma NOI $115,632
Price per SqFt $53
Year Built 2003
Buildings 2
Acreage 2.642
Occupancy Date 11/16/2025

Value Add Facility

Marketing description

A Plus Storage offers multiple value-add opportunities, including the ability to raise rates by 35%+, expand with additional buildings and outdoor parking, and convert 3,850 SF of interior space to climate-controlled units. A large front office with additional storage room or office space adds further upside for operational improvements or revenue generation. Fully automated and secured with gated access, fencing, and surveillance, the property is well-positioned for efficiency and tenant peace of mind. Located on busy Eber Road between State Route 2 and I-90 in rapidly growing Monclova Township, the site benefits from strong traffic counts and a population nearing 15,000. Facility being sold for only $52 a square foot.

Investment highlights

  • Room to expand with additional buildings and more outdoor parking spaces

  • Potential to raise rates by 35% or more to standard market rates

  • Ability to convert 3,850 square feet of interior storage to climate controlled storage

  • Secure and fully automated with a brand new gate operator, perimeter fencing and security cameras

  • Large office with additional storage/office room at the front of the facility

  • Monclova Township continues to grow with a strong population of nearly 15,000

  • Busy location on Eber Road directly between State Route 2 and I-90

Listing Contacts

MF
MI MI 6501347381
Evan DeCiantis
Listed by Evan DeCiantis

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$64,053.00
$5,337.75/mo

Valuation Metrics

0
DSCR
7.54%
Cap Rate
7.54%
ROI

Map

Zoning

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M-1 MixedMixed UseIndustrial And Office Research
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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