196 E 2nd St
Self Storage | 62 Units
Marketing description
Income-producing self-storage opportunity in Emporium, PA. Property includes 62 units with ability to expand to 73 units through reconfiguration. Unit mix: 28 (5x10), 6 (5x15), 12 (10x10), 11 (10x15), 5 (10x20), plus potential for 11 additional units via subdivision. Built in 2007 with galvanized steel construction, insulated ceilings, and solar lighting--no utilities, keeping overhead low. Three-building layout (100x20, 80x20, 70x30). Nearly fully occupied, with one unit retained by owner. Current income in place with upside through rent standardization, improved management, and increased unit count. Strong demand in a rural market with consistent occupancy. Ideal value-add investment with active management.
Investment highlights
62 Existing Self-Storage Units with Expansion Potential to 73 Units
Strong Value-Add Opportunity Through Rent Standardization & Active Management
Nearly Fully Occupied with Consistent Tenant Demand
Three-Building Layout Totaling Approximately 5,700 SF
Built in 2007 with Galvanized Steel Construction & Insulated Ceilings
Low Overhead Operation with Solar Lighting and No Active Utility Service
Diverse Unit Mix: 5x10, 5x15, 10x10, 10x15, and 10x20 Units
Rural Market with Limited Local Self-Storage Competition
Existing Income in Place with Additional Upside Potential
Real Estate & Improvements Included in Sale
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