129 Goldwing Dr - Self-Storage Facilities FOR SALE


North Tazewell, VA 24630
$890,000 USD
316-680-1108
129 Goldwing Dr, North Tazewell, VA for Sale
$890,000 USD
Self-Storage Facilities - FOR SALE
1/9
null | 8.85% Cap Rate

129 Goldwing Dr
North Tazewell, VA 24630


OVERVIEW

Income Growth Potential – Rents are below market competitors, with additional upside through increasing tenant insurance income, which currently totals only $1,288 annually. Low Maintenance & Overall Operating Expense Ratio – Low property tax environment and ownership has experienced very minimal repairs and maintenance at the property. Remote Management – The property is owned by an out-of-state owner, with a boots-on-the-ground manager already in place for a new owner. BOTG manager does on-site maintenance and lawn care for $375 per month. Stable Local Economic Base – Employment is driven by government, healthcare, and retail, which together account for over 50% of the local workforce. National Retailers Nearby – Located near national retailers including Food Lion, CVS Pharmacy, Pizza Hut, KFC, Wendy’s, Family Dollar, Dollar General, Subway, and others.

FOR SALE DETAILS

PRICE

$890,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

8.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Storage Depot - Tazewell, VA

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.65 AC

LAND SF

158,883 SF

ZONING

-

APN/PARCEL ID

094A6A-0001

ASK ABOUT THIS PROPERTY

Drew Gannon, CCIMNAI MartensMore Info
316-680-1108

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Drew Gannon, CCIMNAI MartensMore Info
316-680-1108

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