Lease-Up Conversion Self-Storage Opportunity | 362 Mountain Ave
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Lease-Up Conversion Self-Storage Opportunity 362 Mountain Ave Industriel/Logistique 3 493 m² 100 % Loué À vendre White Sulphur Springs, WV 24986
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Significant Lease-Up Opportunity – The property is currently 16% physically occupied, presenting a strong value-add opportunity.
- High Market Rents – Market rents are $1.40 per square foot, offering strong revenue potential.
- Flexible Management Options – New ownership can operate the facility fully staffed, fully remote, or as a hybrid model.
- Climate-Controlled Facility – The only facility of its kind within a 5-mile radius, providing a competitive advantage.
- Prime Location & Visibility – Located at the intersection of Mountain Avenue and Kyer Street, just off Main Street, with visibility from Interstate 64
RÉSUMÉ ANALYTIQUE
The Self-Storage Advisory Group of Cushman & Wakefield has been exclusively retained to market the sale of FreeUp Storage – White Sulphur Springs in White Sulphur Springs, WV.
This is a prime opportunity to invest in a newly converted, state-of-the-art self-storage facility in White Sulphur Springs, WV. The property spans 37,593 NRSF and features 329 fully climate-controlled units, making it the only fully climate-controlled facility in the 5-mile trade area. Currently in early lease-up with a physical occupancy of just 16%, this asset presents a tremendous lease-up and revenue growth opportunity. With market rents at $1.40 per square foot, new ownership can capitalize on premium pricing while implementing an aggressive leasing strategy.
Strategically located just two blocks off Main Street at the intersection of Mountain Avenue and Kyer Street, the facility boasts excellent visibility from Interstate 64, ensuring strong demand from local residents and businesses. Tenant amenities include access-controlled entry, bright lighting, temperature-controlled units, and 24-hour video surveillance for enhanced security. Additionally, the property offers management flexibility, allowing new ownership to operate it as a fully staffed, fully remote, or hybrid facility.
White Sulphur Springs is a charming and historic mountain town, known for its scenic beauty and thriving tourism industry. As the gateway to the George Washington & Jefferson National Forest, the area attracts outdoor enthusiasts, history buffs, and those seeking a mountain retreat. The local economy is further bolstered by The Greenbrier Resort, often referred to as “America’s Resort,” which has a storied history dating back to the Civil War and has hosted 27 U.S. Presidents.
With high market rents, flexible management options, and significant revenue upside, FreeUp Storage – White Sulphur Springs represents a best-in-class investment opportunity in a high-demand market.
This is a prime opportunity to invest in a newly converted, state-of-the-art self-storage facility in White Sulphur Springs, WV. The property spans 37,593 NRSF and features 329 fully climate-controlled units, making it the only fully climate-controlled facility in the 5-mile trade area. Currently in early lease-up with a physical occupancy of just 16%, this asset presents a tremendous lease-up and revenue growth opportunity. With market rents at $1.40 per square foot, new ownership can capitalize on premium pricing while implementing an aggressive leasing strategy.
Strategically located just two blocks off Main Street at the intersection of Mountain Avenue and Kyer Street, the facility boasts excellent visibility from Interstate 64, ensuring strong demand from local residents and businesses. Tenant amenities include access-controlled entry, bright lighting, temperature-controlled units, and 24-hour video surveillance for enhanced security. Additionally, the property offers management flexibility, allowing new ownership to operate it as a fully staffed, fully remote, or hybrid facility.
White Sulphur Springs is a charming and historic mountain town, known for its scenic beauty and thriving tourism industry. As the gateway to the George Washington & Jefferson National Forest, the area attracts outdoor enthusiasts, history buffs, and those seeking a mountain retreat. The local economy is further bolstered by The Greenbrier Resort, often referred to as “America’s Resort,” which has a storied history dating back to the Civil War and has hosted 27 U.S. Presidents.
With high market rents, flexible management options, and significant revenue upside, FreeUp Storage – White Sulphur Springs represents a best-in-class investment opportunity in a high-demand market.
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INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface utile brute | 3 493 m² |
| Type de bien | Industriel/Logistique | Nb d’étages | 1 |
| Sous-type de bien | Entrepôt | Année de construction/rénovation | 1993/2024 |
| Classe d’immeuble | B | Nb de portes élevées/de chargement | 1 |
| Surface du lot | 1,3 ha | Zone de développement économique [USA] |
Oui
|
| Zonage | LI - Industrie légère | ||
| Type de vente | Investissement |
| Type de bien | Industriel/Logistique |
| Sous-type de bien | Entrepôt |
| Classe d’immeuble | B |
| Surface du lot | 1,3 ha |
| Surface utile brute | 3 493 m² |
| Nb d’étages | 1 |
| Année de construction/rénovation | 1993/2024 |
| Nb de portes élevées/de chargement | 1 |
| Zone de développement économique [USA] |
Oui |
| Zonage | LI - Industrie légère |
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TAXES FONCIÈRES
| Numéro de parcelle | 17 1200470000 | Évaluation des aménagements | 219 468 € |
| Évaluation du terrain | 41 801 € | Évaluation totale | 261 269 € |
TAXES FONCIÈRES
Numéro de parcelle
17 1200470000
Évaluation du terrain
41 801 €
Évaluation des aménagements
219 468 €
Évaluation totale
261 269 €
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Lease-Up Conversion Self-Storage Opportunity | 362 Mountain Ave
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