Listed by NAI Martens
$1,250,000
Storage Depot Ashville (Columbus, OH MSA)
Details
APN D13-0-030-00-113-00
Property Type Self Storage
Square Footage 13,350
Units 97
Cap Rate 8.04%
NOI $100,486
Occupancy 87%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 9.88%
Pro-Forma NOI $123,549
Price per SqFt $94
Buildings 4
Stories 1
Acreage 0.930
Zoning General Business District
Investment Type Value Add
Self-Storage | Remotely Operated | 97 Units
Investment highlights
Storage Depot - Ashville, Ohio (Columbus, OH MSA)
- Ashville is located within the path of growth of the Columbus, Ohio MSA, approximately 17 miles south of Downtown Columbus, providing access to a metropolitan area of more than 2.2 million residents.
- Ashville is a rapidly growing Columbus-area suburb, with population growth of approximately 7% since 2020.
- Undersupplied self-storage market with just 6.7 square feet per capita within a 5-mile radius and 6.39 square feet per capita within a 10-mile radius. No known new developments within a 10-mile radius (StorTrack).
- Value-add opportunity with rents below market competitors and expansion of tenant protection fees and ancillary income.
- Low-maintenance investment with favorable real estate taxes and limited ongoing capital requirements.
- Turnkey remote asset featuring Cubby management software and a local boots on the ground manager.
Listing Contacts
Listed by NAI Martens
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,486.00
$8,373.83/mo
Valuation Metrics
0
DSCR
8.04%
Cap Rate
8.04%
ROI
Map
Zoning
RR ResidentialSingle FamilyRural Residential District
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View all 94 uses
View all 94 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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