5812 Caratoke Hwy - Self-Storage Facilities FOR SALE


Poplar Branch, NC 27965
$1,575,000 USD
703-942-6876
5812 Caratoke Hwy, Poplar Branch, NC for Sale
$1,575,000 USD
Self-Storage Facilities - FOR SALE
1/11
null | 9.3% Cap Rate

5812 Caratoke Hwy
Poplar Branch, NC 27965


HIGHLIGHTS

  • NC 158 Frontage
  • Stable tenancy and remote operation
  • Opportunity for expansion including climate controlled

OVERVIEW

Excellent investment opportunity on NC-158, pathway to the Outer Banks. Well established self storage facility features office building with 3 suites, 5 storage buildings with 155 units and 29 parking spaces. High occupancy of existing units with opportunity to standardize rents, apply fees and upsell insurance. Concrete circular driveway (+/- 18500 sq ft) in place to facilitate expansion of up to 50% of existing footprint. No new zoning required for expansion. Facility is managed remotely using on-site kiosk, call center support, interactive web site. Available immediately, price is firm. Adjacent 1 acre improved lot also available. All due diligence documentation including cap rate assumptions, expansion pro formas, and planning department correspondence available in data room on approval so confirm value prior to offer, price is firm. Draft purchase and sale agreement available in data room. Please contact for additional details and data.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

9.3%

% 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

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

David FlessasForsys ConsultingMore Info
703-942-6876

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