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31510094
31510093

406 W Bobo Newsom Hwy, Hartsville, SC 29550

EM
SC 106803, NC 285391
The Virtual Realty Group
Listed by The Virtual Realty Group
$160,000
65 days on market
Updated 21 days ago

406 W Bobo Newsome Hwy, Hartsville, SC 29550

Details
Property Type Industrial, Land (+1)
Sub Type potential development, storage (+1)
Square Footage 2,280
Units 22
Cap Rate 5.25%
NOI $8,400
Occupancy 23%
Tenancy Multi
Price per SqFt $70
Class C
Buildings 1
Stories 1
Acreage 0.840
Investment Type Value Add
Ownership Fee Simple

22-Unit Self Storage Facility | Value-Add Opportunity | $8,409/Unit

Marketing description

Value-add opportunity in Hartsville, SC featuring a 22-unit storage property situated on two parcels totaling .83 acres with additional land for potential expansion! The property is partially occupied, with 5 units currently leased to 4 tenants generating approximately $700 per month in income. The site includes multiple storage buildings along with a larger structure equipped with roll-up doors, offering flexibility for a variety of storage or commercial uses. The existing layout and surplus land provide an opportunity to increase revenue through lease-up of vacant units and potential development. Conveniently located with road frontage and easy access, this property is well-suited for investors, owner-operators, or those seeking a small commercial asset with growth potential. Property includes two parcels (057-00-02-026 and 057-00-02-027). Buyer to verify zoning, permitted uses, income, and development potential.

Investment highlights

22-Unit Self Storage Facility

Established storage property with multiple buildings and roll-up door units.

Immediate In-Place Income

5 units currently leased to 4 tenants generating approximately $700/month.

Value-Add Opportunity

Significant upside through lease-up of vacant units and improved management.

Expansion Potential

Additional land on site offers opportunity for development of more storage units (buyer to verify).

Flexible Asset for Owner-Operators or Investors

Ideal for those looking to enter or expand within the self storage sector.

Visible Location with Existing Signage

Positioned along a main roadway with on-site signage and easy access.

Listing Contacts

EM
SC 106803, NC 285391
The Virtual Realty Group
Listed by The Virtual Realty Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$8,400.00
$700.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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Additional Information

Name
Erika McNew
License
106803
Brokerage
The Virtual Realty Group
Brokerage Phone
(888) 407-2410
Brokerage Address
15105 John J Delaney Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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