169-171 Flanders St - Self-Storage Facilities FOR SALE


Rochester, NY 14619
$600,000 USD
585-337-1764
169-171 Flanders St, Rochester, NY for Sale
$600,000 USD
Self-Storage Facilities - FOR SALE
1/15
null | Request Cap Rate

169-171 Flanders St
Rochester, NY 14619


HIGHLIGHTS

  • Ideally located near the University of Rochester’s River Campus
  • 24/7 Security & Secure Entry
  • Great Value-Add Potential with Onsite Managment
  • Vertically Integrated Facility Management

OVERVIEW

Benchmark Realty Advisors is pleased to exclusively present River Campus Storage, a premier climate controlled self-storage facility in Rochester, NY. This property offers an exceptional investment opportunity with a robust client base, modern amenities, and a prime location near the University of Rochester. The property was renovated in 2018 to offer 115 climate controlled units over two floors with a total of 8,675 Net Rentable SF. Size of units range from small lockers (5x5), to large storage spaces (14x19), and outside parking spots, accommodating a variety of storage needs. Leasing office on site, 24/7 video surveillance, electronic gate code access, and a well-lit premises ensures the safety and peace of mind for all tenants. HVAC updated in 2017/18 including (2) new electric furnaces, and (6) dual-zone mini split systems. This property offers newcomers to the self storage industry potential to finance with an SBA loan with only 10% down. • Value Add: Strong pro forma potential with expert, onsite management of the facility. • Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity. • Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue. • Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

River Campus Self Storage Facility

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

Commercial

APN/PARCEL ID

261400-135-240-0001-007-000-0000

ASK ABOUT THIS PROPERTY

Evan SchaeferBenchmark Realty AdvisorsMore Info
585-337-1764

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Evan SchaeferBenchmark Realty AdvisorsMore Info
585-337-1764

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.