Storage Facility

2239 Ohio 125, Amelia, OH

$4,250,000

Price

7.14%

Cap Rate

$303,496.52

NOI

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Street
Map
Overview
Cap Rate
7.14%
NOI
$303,496.52
Building Size
28,500 sqft
Occupancy
87.71%
Units
362
Year Built
2018
Floors
1
Description

Incredible Investment opportunity in recession proof, self-storage industry. Fully stabilized at at 87.71% economic occupancy, this property features 28,500 SF under roof, 4.5 acres of outside storage and 3.5 acres for future development. This investment is perfectly positioned to grow with the area and continually add to the NOI. The facility contains 362 self-storage units ranging from 5x5 to 10x20 and approximately 120 large outdoor storage slips. Extrapolating current 2023 sales data indicated gross sales of ~$350,000.

State Route 125 Amelia, OH

Highlights
  • Over 600' total of exposure on both sides of major roadway.
  • Fully stabilized asset in quickly growing area.
  • Raw acreage for future development.
Documents
Location
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