Fairview Mini-Storge, 86 units of various sizes construction completed Circa 2009 and currently at 98% Occupancy. Well located on US Highway-74A approximately 1 mile from Southcliff and adjacent to Windsong Subdivision. Excellent rental history and well maintained. 2015 Cap Rate at 9.0%.4 metal buildings at approximately 19,600 SF with room for an additional building. Water is supplied by a shared pump / well and the property has its own septic system. There is a 10 x 25' office with ADA compliant bath and shower. Current rents are lower then nearby competitors leaving room for upside on Gross Income.

Location Description:

Coming North or South on HWY 74A turn West on Edwards Road at the Fairview Self Storage Depot sign. Continue down Edwards Road and take first left onto Maryfield Road.

Highlights:

>> There is a 10 x 25' office with ADA compliant bath and shower.

>> Current rents are lower then nearby competitors leaving room for upside on Gross Income.

>> Water is supplied by a shared pump / well and the property has its own septic system.

>> Excellent rental history and well maintained. 2015 Cap Rate at 9.0%

>> 4 metal buildings at approximately 19,600 SF with room for an additional building.

>> 86 units of various sizes constructed circa 2009 and currently at 98%

>> Well located on US Highway-74A approximately 1 mile from Southcliff and adjacent to Windsong Subdivision.

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Sales Info:

>> Commision split: 2.5%