180 S Travis St - Self-Storage Facilities FOR SALE


Lindenhurst, NY 11757
$2,100,000 USD
407-924-1408
180 S Travis St, Lindenhurst, NY for Sale
$2,100,000 USD
Self-Storage Facilities - FOR SALE
1/15
null | 7% Cap Rate

180 S Travis St
Lindenhurst, NY 11757


HIGHLIGHTS

  • Diverse Inventory: 11,000 SF Boutique Operating Self-Storage Facility |
  • Attractive Investment: 2.71 Current Square Foot per Capita in a 3-mile radius (Tract ID Storage Site Report)
  • Strategic Location: Located just off of S. Wellwood Ave & East Hoffman Ave, adjacent to Montauk Hwy & Southern State Park | Walkable to LIRR Station
  • Upside Potential: Potential to increase revenue by raising below-market rental rates
  • Recently renovated to include an elevator, upgraded dial-pad doors & onsite parking | Concrete block construction
  • Strong local demographics with a population of 268,468 and average household income of $161,966 within a 5-mile radius

OVERVIEW

Current NOI: $147,100 Current Cap Rate 7.00% Current/Market Rent NOI: $150,070 Current/Market Rent Cap Rate: 7.15% For more details on this listing, please contact the lead agents: Chris Travis (CTravis@ripcofl.com | 407.924.1408) Jack Kaiser (JKaiser@ripcofl.com | 732.742.9250)

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lindenhurst Self-Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Lot, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

Residence - C

APN/PARCEL ID

0103-010-00-04-00-037-011

ASK ABOUT THIS PROPERTY

Christopher TravisRIPCO Self-StorageMore Info
407-924-1408

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Christopher TravisRIPCO Self-StorageMore Info
407-924-1408

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