Listed by David Gutterman
Unpriced
Lock & Leave ST: Broker Permission ONLY to Tour Site
Details
Property Type Self Storage
Square Footage 25,000
Units 177
Buildings 8
Acreage 10.000
Parking Spaces 30 spaces
Parking per 1,000 SqFt 1.20
About This Property for Sale
Marketing description
NOTE: The owner has another self storage in beautiful Bucks County PA for sale.
He is amenable to Packaging both PA opportunities.
Speak to the Broker for further background.
Investment highlights
24,850 SF of Existing Units of various Sizes
177 Units sitting on 5 Acres
85% Current Occupancy
*Additional 5 ACRES comes with this opportunity
and is FULLY ENTITLED to Expand and Build 36,000 SF
This well maintained and Cash Flowing store comes with a unique opportunity to expand the Units or to increase revenue by adding Parking and RV storage. The additional 5 acres abuts the frontage of the main RT 15. This store can be run remotely or with a competent PT employee, thus cutting down expenses. The NOI of this property is, historically, hovering at 70% of Gross Revenue.
Listing Contacts
Listed by David Gutterman
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