Self Storage Facility
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$400,000
1986
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Description: This storage facility is comprised of two self storage buildings and one all purpose storage building. The self storage buildings contain a total of 10,450 square feet, comprised of 65 units in 5 different sizes, and the all purpose building is 580 square feet and is currently rented to a landscaping company. The facility sits on 3.4 acres and is fenced in with a keypad entry. Outside storage for boats and trailers is also available. The owner of the facility has relocated out of town and manages it from afar, so the facility should benefit from local management.
Facilities: The storage facility is comprised of two self storage buildings and one all purpose storage building. The self storage buildings contain a total of 10,450 square feet and the all purpose building is 580 square feet and is currently rented to a landscaping company. The facility sits on 3.4 acres and is fenced in with a keypad entry. Outside storage for boats and trailers is also available.
Competition: There are only 2 other storage facilities in a five mile radius.
Growth/Expansion: The facility needs active management that will increase its occupancy rates. The site has been approved for an expansion plan comprised of four additional self storage buildings that total 36,400 square feet.
Support/Training: Training will be provided by the owner.
Contact Information:
Contact: Tim Martin
Phone: 919 861 8987
Email: tmartin@empirebizbroker.com
