Lake Glenville Storage
Self Storage | 6.63% CAP | 99 Units
Marketing description
Lake Glenville Storage is a self-storage investment serving one of Western North Carolina's most desirable mountain, golf and lake communities. Positioned along NC Highway 107 in Glenville, the property serves the affluent Lake Glenville and Cashiers communities, where limited developable land, strict mountain topography, and commercial use constraints help protect existing self-storage assets from future competition.
The property benefits from demand driven by affluent seasonal and permanent residents. Lake Glenville is one of the Southeast's premier luxury mountain lake destinations, attracting second-home owners, retirees, boat owners, and vacation property investors who create year-round demand for personal, household, and recreational storage.
The surrounding market benefits from boating, fishing, hiking, mountain biking, golf and tourism centered around Lake Glenville, Cashiers, and nearby national forest lands, generating consistent demand for boat, recreational, and seasonal storage. The Glenville/Cashiers area continues to attract luxury home development, vacation rentals, and second-home investment from residents throughout Florida, Georgia, and the Carolinas, supporting long-term occupancy potential for self-storage facilities.
Investment highlights
- Located in a High-Barrier-to-Entry Resort Market - Positioned along NC Highway 107 in Glenville, the property serves the affluent Lake Glenville and Cashiers communities, where limited developable land, strict mountain topography, and commercial use constraints help protect existing self-storage assets from future competition.
- Demand Driven by Affluent Seasonal & Permanent Residents - Lake Glenville is one of the Southeast's premier luxury mountain lake destinations, attracting second-home owners, retirees, boat owners, and vacation property investors who create year-round demand for personal, household, and recreational storage.
- Strong Outdoor Recreation Economy Supports Storage Needs - The surrounding market benefits from boating, fishing, hiking, mountain biking, golf and tourism centered around Lake Glenville, Cashiers, and nearby national forest lands, generating consistent demand for boat, recreational, and seasonal storage.
- Located Within a Stable, High-Income Mountain Corridor - The Glenville/Cashiers area continues to attract luxury home development, vacation rentals, and second-home investment from residents throughout Florida, Georgia, and the Carolinas, supporting long-term occupancy potential for self-storage facilities
- What makes this asset attractive is the wealth and seasonal population surrounding Lake Glenville and Cashiers.
- Also included is a 28' Cougar Camper the is set up for use. The current owner uses the camper for when he is visiting the facility and staying in the area. The owner recently replaced the air and water heater.
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