Listed by Marcus & Millichap - Columbus
$7,500,000
About That Space Storage Portfolio
Details
Property Type Self Storage
Square Footage 76,446
Units 661
Cap Rate 5.58%
NOI $418,751
Occupancy 86%
Pro-Forma Cap Rate 7.87%
Pro-Forma NOI $590,436
Price per SqFt $98
Year Built 1971
Acreage 10.590
Coastal North Carolina Six Property Portfolio with Upside
Marketing description
Marcus & Millichap is pleased to offer for sale the About That Space Portfolio located in Elizabeth City, North Carolina. All six facilities are located within a 10 mile radius. The portfolio features 577 non-climate-controlled units, 58 climate-controlled units, and 26 parking spaces totaling 76,446 net rentable square feet. There is room for expansion at a number of the sites as well.
Investment highlights
- Coastal North Carolina Six Property, Stabilized Self-Storage Portfolio with Significant Upside
- All Six Facilities Located Within a Ten-Mile Radius In and Around Elizabeth City, North Carolina
- 76,446 Total Net Rentable Square Feet
- 58 Climate Controlled Self-Storage Units | 577 Non-Climate Controlled Units | 26 Uncovered Outdoor Parking Spaces
- Room for Expansion at Halstead Blvd, Simpson Ditch Road, and 1855 Weeksville Road Locations
- Weeksville Road Locations are Situated Adjacent to One of the Nation’s Largest Coast Guard Bases: Air Station Elizabeth City
Listing Contacts
Listed by Marcus & Millichap - Columbus
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$418,751.00
$34,895.92/mo
Valuation Metrics
0
DSCR
5.58%
Cap Rate
5.58%
ROI
Map
Zoning
R-15 ResidentialSingle FamilyResidential
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View all 385 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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