1055 Alamance Church Road
Value-Add Self Storage & Car Wash | Dual Income Streams | High-Traffic Greensboro Location
Marketing description
Carolina Pride Self Storage & Car Wash offers a rare opportunity to acquire a dual-income, value-add investment in a high-traffic Greensboro, NC location.
The property features 164 self-storage units (15,110 RSF) currently at 73.69% occupancy, providing immediate upside through lease-up and rental increases. The site also includes a fully operational car wash with 6 self-service bays, 2 automatic bays, and 7 vacuum stations, creating a diversified and resilient income stream.
Situated on a 2.06-acre site with five buildings, the property benefits from ~24,000 vehicles per day, strong visibility, and easy access.
2025 Financials:
- Gross Income: $267,855
- Expenses: $107,781
- NOI: $160,074
With below-market rents, operational upside, and $250,000 seller financing available, this asset is well-positioned for both immediate cash flow and long-term growth.
Ideal for investors seeking a self-storage investment, car wash investment, or value-add opportunity in a growing Southeast market.
Investment highlights
Call Danielle Moore for all inquiries 586.354.4433 [email protected]
Carolina Pride Self Storage & Car Wash Portfolio
1055 Alamance Church Rd & 2106 Bristol Rd, Greensboro, NC 27406
Dual-Income Investment – Self storage + car wash creates diversified and resilient revenue streams
Seller Financing Available – $250,000 seller carry improves buyer leverage and deal structure
Value-Add Opportunity – 73.69% occupancy with below-market rents supports significant NOI growth
Strong In-Place Cash Flow – Stabilized operations with existing systems in place
High Traffic Location – ~24,000 vehicles/day providing excellent visibility and exposure
Established Improvements – 5-building site with existing infrastructure minimizes capital expenditure
Large 2.06-Acre Site – Functional layout with room for operational efficiency and potential enhancements
Car Wash Revenue Component – 6 self-service bays, 2 automatic bays, and 7 vacuum stations
Growing Market Fundamentals – Strong population density and renter demographics supporting storage demand
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