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Mars Hill Self Storage

$399,900

1393 U.S. 19, Mars Hill, NC 28754

Active
Last Updated: 06/16/2025

10

Cap Rate

4,680 sqft

Building Size

Details:
Cap Rate:    10%
Building Size:    4,680 sqft
Lot Area:    0.83 acres
Units:    36
Zoning:    RA
Floors:    1
Roof:    metal
Heating:    Mini-split in office. Storage units not climate controlled.
Cooling:    Mini-split in office. Storage units not climate controlled.
Description:

Don’t miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15,000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager’s office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!


Between Mars Hill & Burnsville with high traffic count (approx 15,000 VPD)


1393 US-19, Mars Hill, NC – $399,900
Value-Add Storage Facility with Strong Upside



36 storage units across 3 buildings


High-visibility location on US-19 with ~15,000 VPD


Includes single-wide trailer – rentable or use for on-site manager


Heated & cooled manager’s office on-site


Pro forma cap rate of 10% – excellent ROI potential


Priced below comparable properties


Huge upside with basic marketing and lease-up strategy


Just minutes from I-26 and downtown Mars Hill


Great opportunity for investors seeking cash flow and appreciation



Shown by appointment – don’t miss this rare investment!

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