Ballentine Storage
Self Storage | 320 Units | $13,125/unit
Investment highlights
Ballentine Storage offers 80% non climate controlled drive up storage with 20% climate controlled product with 315 total units. Historical occupancy over the past 24 months has averaged 92% showing significant demand. Significant value add to be had with ancillary revenue streams with no tenant insurance currently implemented and below market rates (in place). South Carolina is one of the top five states in the US for population migration growth (incoming) which is projected to continue. The facility is gated, paved and is equipped with security cameras and solar panels to offset electricity / utility costs. It includes a massive marquee sign out front for visibility and exposure. Minimal deferred maintenance and recently painted within the past two years. There is one flex tenant neighboring the office on site. No room for expansion. NO SELLER FINANCING.
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