The property, spanning 25,350 SF, features 89 self-storage units and 6 additional rentable spaces for warehouse or commercial use. There is a 65' x 50' two story warehouse, a 5,500 SF building with 3 contractor bays, a 1,600 SF 2nd floor storage unit, and 2 offices with a kitchen and full bathroom/shower. Current occupancy is at 65% allowing future owners to maximize rents on the vacant units. Vacancy rate is high (and does not reflect historical occupancy) as the property had a fire recently and ownership has repaired and renovated the affected units.
421 Moneta is an excellent opportunity for a professional operator to capture new business through true marketing efforts and also provides an opportunity for significant expansion through the construction of new units.