The Starpoint Storage Park offers an investor the opportunity to own income producing property in the prestigious area of Chapel Hill, North Carolina. Priced at $6,500,000 an investor receives an unleveraged return of 8.8% with an upside through scheduled lease increases and by improving the Self Storage occupancy to the market norm. The storage campus consists of eight metal buildings of various sizes and floors for a total of 83,286 rentable square feet.

The combination of self storage and warehouse with long term tenants provides an investor secure recurring revenue. Self Storage units are leased month to month, enabling an owner to adjust rental rates to the market and thus maximize cash flow. Both warehouse tenants are long term tenants who are entrenched in the property.

All buildings are metal with standing seam roofs. Buildings are blue with white doors. The 2000, 4000, 6000, 7000 and 8000 buildings are individually heated with their own gas tank outside the building. Each building is monitored by ADT. There is a small office in the 2000 building for self storage rentals. Access presently is 8 AM until 6 PM, 7 days a week.