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112 S Walnut St

$1,995,000

112 S Walnut St, Dallastown, PA 17313

Active
Last Updated: 06/30/2025

7.7

Cap Rate

153,704

NOI

Details:
Cap Rate:    7.7%
NOI:    $153,704
Year Built:    1906
Zoning:    RESIDENTIAL TOWN DISTRICT
Roof:    Shingle
Highlights:
  • Days on Market: 237
Description:

***Seller is willing to seller finance.*** (Terms up to 1mm at 5-5.5% interest)

180-unit self storage facility located on a corner lot in the heart of Dallastown, PA.

D-town Mini Storage is uniquely positioned due to its pre-existing non-conforming status. No other storage facilities can be built in this area without a special exception.

31,498 total square feet.

Being sold at a 7.7% cap rate based on actual numbers.

98% occupancy.

Value add opportunities include under market rents, renting empty units, and renting or building out 4,000 sq ft second floor into more storage units. D-town Mini Storage typically has the lowest rents in town. The seller, a mobile home park operator, is divesting from his only self storage facility, creating an ideal opportunity for a skilled operator to maximize the property’s potential. There is significant room for revenue growth and increased property value.

Recent capital improvements include newly blacktopped roads ($90K) and keyless entry ($20k). Both completed in 2022.

Included in the sale are: website, security cameras, keyless entry security system and elevator shaft connecting the ground to the second floor.

Financials, property survey, and clean environmental phase 1 report, available upon request. Contact us today for more information!

Map:
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