Photo of Self Storage
Photo of Self Storage
Self Storage Details
- Distressed: This property is in default, REO or in foreclosure.
- Purchase Method: Cash, New Loan
- Number of Storage Units: 279
- Acreage: 4 acre(s)
- Square Footage: 30,561 sqft
- Year Built: 2001
- Listing ID: 460113
- Posted On: Jul 25, 2014
- Updated On: Jul 21, 2015
Description
BIG PRICE DROP + ROOM FOR EXPANSION. Bank Owned, 279 units, 2 locations within 2 miles of each other on busy Hwy 1 S, , oVER 20% proforma cap rate at 90% occupancy and current rental rates. 4.4% county unemployment rate as of April 2014. Custom Storage location has on site office, fully fenced, electronic gates, adjacent to 100 acre sports complex and 2 major subdivisionS with homes under construction. Significant increases in occupancy since management company took over. Additional 1 acre commercial frontage lot at Pine Ridge location
Within 30 minutes of Columbia, South Carolina state capital.
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