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32285544
32285561

563 E Ohio Ave, Rittman, OH 44270

CL
OH 2020001184
Home Equity Realty Group
Listed by Home Equity Realty Group
Unpriced
30 days on market
Updated 30 days ago

122 Unit Storage Auction - Rittman Ohio

Details
Property Type Self Storage
Square Footage 33,840
Occupancy 89.34%
Year Built 2006
Year Renovated 2021
Buildings 3
Acreage 2.700
Zoning Commercial Warehouses

122 Unit Storage Auction - Rittman Ohio

Marketing description

Auction on-site and online Thursday, June 11th. Bidding Starts at 5:00PM EST. Open house Tuesday, June 2nd from 4:00PM to 7:00PM EST. This well-maintained self-storage facility offers 122 total units with a strong, functional mix, including 2 (10x10), 40 (10x15), 26 (10x20), and 2 (10x30) units, along with 52 35x12 outdoor parking spaces ideal for boat, RV, and vehicle storage. The diverse unit mix supports multiple revenue streams and consistent demand, contributing to the property’s strong in-place income. The facility is fully secured with gated access, surveillance cameras, and on-site lighting, providing both tenant security and operational efficiency. Well maintained with minimal immediate capital needs, this asset offers stable cash flow with upside through rental increases and occupancy optimization. Located in Rittman, the property benefits from a key competitive advantage, as the city currently has a moratorium restricting new self-storage development. This barrier to entry helps limit future competition and supports long-term occupancy and rent growth, making it an attractive investment opportunity.

Listing Contacts

CL
OH 2020001184
Home Equity Realty Group
Listed by Home Equity Realty Group

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Additional Information

Name
Charles Lewis
License
2020001184
Brokerage
Home Equity Realty Group
Brokerage Phone
4405394864
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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