114 Hidden Hill Rd - Self-Storage Facilities FOR SALE


Spartanburg, SC 29301
$489,000 USD
828-424-5433
114 Hidden Hill Rd, Spartanburg, SC for Sale
$489,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | Request Cap Rate

114 Hidden Hill Rd
Spartanburg, SC 29301


HIGHLIGHTS

  • 45-unit self-storage facility on 1.08 acres
  • Mix of walk-in and drive-up units with roll-up doors
  • Value-add opportunity below replacement cost

OVERVIEW

Hidden Hill Self-Storage presents a 45-unit, value-add self-storage opportunity in Spartanburg, SC. The 4,080 SF facility sits on 1.08 acres and features a mix of walk-in storage units and drive-up bays with roll-up doors, appealing to both household-goods tenants and vehicle/boat/trailer storage users. Built in 1978, the property offers clear upside through occupancy stabilization, unit-mix optimization, rental rate increases to market, and targeted capital improvements to paving, signage, and unit doors. The site is fenced for security and buffered by mature trees along the rear and side property lines. Offered at $489,000 — a basis well below replacement cost for new self-storage construction — this is an opportunity for an investor or owner-operator to acquire an established storage asset and drive NOI growth through active management.

FOR SALE DETAILS

PRICE

$489,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,000 SF

ZONING

-

APN/PARCEL ID

6-21-13-113.00

ASK ABOUT THIS PROPERTY

Viktor UpstateGSP Rental LLCMore Info
828-424-5433

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Viktor UpstateGSP Rental LLCMore Info
828-424-5433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.