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58 Neal Court, Plainville, CT

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58 Neal Court

Plainville, CT 06062 - Plainville Ind Submarket

Property Type:Industrial Sub Type:- Status:Existing Year Built:-
Building Size:25,350 SF Land Area:1.18 AC (51,401 SF)
Ceiling Height:10'0'' Loading Docks:- Rail:- Power:-
For Sale Price:$1,200,000 Price/SF:$47.34
Cap Rate:-
Zoning:GI Sprinklers:- Drive Ins:- Cranes:-
Parking:Free Surface spaces are available; Ratio of .55/1,000 SF Amenities:Signage

A well maintained, well located self storage facility offering upside potential to the hands on investor. Property has 172 units. Finished managers office with waiting area and bathroom. Recent upgrades include painting of complete facility and resurfacing of parking areas. Ideal for small private investor. Easy highway access.

Sale Notes:
Roo Self Storage affords the unique opportunity to enter the highly desirable self storage market in Plainville, CT. The two facilities being offered may be purchased individually or together. Roo Too, located at 58 Neal Court contains 177 storage units, six vehicle leased parking spaces, a site manager's apartment and leasing office. Roo III, located at 18 Granger Lane offers 40 storage units and site parking for four leased spaces. These two storage communities enjoy an occupancy at or above 90% of available units with a demonstrated rental growth in both occupancy and rates, offering the investor an outstanding opportunity.

The suburban community of Plainville is located in Central CT and has a growing population of 17,791 people along with a substantial business and commercial base. As part of Hartford County with a 897,000 population and ease of access to interstate highways and multiple secondary routes, both Roo Too and Roo III enjoy a strong occupancy with increasing lease rates.

Chozick Realty Inc.
Rick Chozick
(860) 247-7400 x11

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