Listed by 1st Rome Realty
$4,000,000
Colonial Self-Storage
Details
Property Type Self Storage
Sub Type Self Storage
Square Footage 50,000
Units 258
NOI $285,000
Occupancy 90%
Year Built 2007
Buildings 21
Acreage 4.534
Zoning 3.06
Parking Spaces 50 spaces
Parking Per SqFt 1.00
Investment Type Stabilized
storage rental space
Marketing description
This property consists of 21 storage buildings with 258 single storage units. Good opportunity and good investment. There are two separate locations: one location is 5667 New London Rd and 7884 Tannery Rd, Rome, NY.
Investment highlights
- 21 buildings with 258 single storage units
- Two separate locations: 5667 New London Rd and 7884 Tannery Rd
- Good opportunity and good investment
- 193 total units on Tannery Rd (22 vacant units currently)
- 62 total units on Rome-New London Rd (4 vacant units currently)
- Plenty of land for outdoor storage
Listing Contacts
Listed by 1st Rome Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$285,000.00
$23,750.00/mo
Valuation Metrics
0
DSCR
7.12%
Cap Rate
7.12%
ROI
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