Storage Facility
$4,200,000
2239 Ohio 125, Amelia, OH 45102
For Sale
Special Purpose
Active
Last Updated: 02/24/2025
6.7
Cap Rate
281,496.52
NOI
Details:
Cap Rate: 6.7%
NOI: $281,496.52
Building Size: 28,500 sqft
Occupancy: 87.71%
Units: 362
Year Built: 2018
Floors: 1
Highlights:
- Over 600' total of exposure on both sides of major roadway.
- Fully stabilized asset in quickly growing area.
- Raw acreage for future development.
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
Documents:
| Title | ||
|---|---|---|
| Storage units drone photo 1.jpg | ||
| Sale_Brochure.pdf |
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Location
Gallery
