5812 Caratoke Hwy - Self-Storage Facilities FOR SALE


Poplar Branch, NC 27965
$1,795,000 USD
703-942-6876
5812 Caratoke Hwy, Poplar Branch, NC for Sale
$1,795,000 USD
Self-Storage Facilities - FOR SALE
1/7
null | 7.5% Cap Rate

5812 Caratoke Hwy
Poplar Branch, NC 27965


HIGHLIGHTS

  • NC 158 frontage with heavy traffic in season
  • Remote operation via kiosk, on-call support and website
  • Expandable within footprint and adjoining lot

OVERVIEW

Excellent investment opportunity on the way to the Outer Banks. Well established self storage facility features 5 buildings with 155 units and 29 parking spaces. Commercial / front office building adjacent to NC 158 with tenants in place. High occupancy of existing units. Concrete pad in place to facilitate expansion of up to 50% of existing footprint. New zoning laws create high barrier to entry for competition. Facility can be managed remotely through on-site kiosk and interactive web site. Adjacent 1 acre lot also available. Financials available on request.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

4.15 AC

LAND SF

180,774 SF

ZONING

GB

APN/PARCEL ID

0084-000-016H-0000

ASK ABOUT THIS PROPERTY

David FlessasForsys ConsultingMore Info
703-942-6876

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David FlessasForsys ConsultingMore Info
703-942-6876

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