147 N Pricetown Rd - Self-Storage Facilities FOR SALE


Diamond, OH 44412
$3,649,940 USD
855-958-2007
147 N Pricetown Rd, Diamond, OH for Sale
$3,649,940 USD
Self-Storage Facilities - FOR SALE
1/28
null | 4.25% Cap Rate

147 N Pricetown Rd
Diamond, OH 44412


HIGHLIGHTS

  • Strong Occupancy Rate: Facility is currently at 92.6% occupancy across 161 units, supporting consistent revenue with major growth on-going.
  • Premium Location: Alongside I-76 and directly off the Lake Milton exit. This is the I-76/I-80 section - heavily trafficked section of highway.
  • Performance: Monthly revenue average is $13,500 (NOI at $7,840) and growing by 12-15% each month. 35% rate increase scheduled for March 2026.
  • Brand New Facility: 4 brand new buildings, 5 renovated buildings, high-end facility security and access systems, lighting, electrical and drainage.
  • Automated, Auto-pay, No Cash: All customers billed by card, on auto-pay contracts. All move-ins are completed by customer online. No on-site mgmt.

OVERVIEW

Investment Highlights: Strong Occupancy Rate: Facility is currently at 92.6% occupancy across 161 units, supporting consistent revenue with major growth on-going with both rates and occupancy. Premium Location: Alongside I-76 and directly off the Lake Milton exit. This is the I-76/I-80 section - one of the most heavily trafficked sections of highway in the Country. Performance: Monthly revenue average is currently $13,500 (NOI at $7,840) and growing by 12-15% each month. Rates were kept low during facility build-out and are now scheduled to increase by 30-35% (March 2026). Growth Market: Facility net income continues to grow by 15% as both rates and occupancy increases. Rates were kept low during the build-out period and are now scheduled to increase by 30-35% (March 2026). Brand New Facility: 4 brand new buildings, 5 renovated buildings, high-end facility security and access systems, lighting, electrical and drainage systems. This facility requires virtually zero maintenance. Automated, Auto-pay, No Cash: Facility is totally automated and all customers are billed by card, on auto-pay contracts. All move-ins are completed by the customer online, and there is very little on-site management required. Site is completely turn-key, with 3 additional acres for future development. *NOI is Projected 2026, brand name and likeness is not being transferred

FOR SALE DETAILS

PRICE

$3,649,940 USD

PRICE/SF

$104 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Secure & Lock Storage - Lake Milton

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Garage, Parking Lot, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.2 AC

LAND SF

313,632 SF

ZONING

B3

APN/PARCEL ID

51-109-0-008.00-0

ASK ABOUT THIS PROPERTY

Andy ReichKlepper GoldnerMore Info
855-958-2007

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Andy ReichKlepper GoldnerMore Info
855-958-2007

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