$1,400,000 USD
770-728-8407
214 Trent st
Kernersville, NC 27284
Downtown Kernersville
HIGHLIGHTS
- 7.00% In-Place Cap Rate providing immediate day-one cash flow
- Attractive pro-forma cap rates in Years 1 – 4, exceeding 9.30%
- Dense surrounding population with 60,000+ residents within a 5-mile radius.
- Significant nearby residential development pipeline with nearly $800M in value within 5 miles totaling over 2,000 housing units.
- Over $100,000 in capital improvements put into the property over the past 24 months, including 55 new doors, a new security system, installed internet
- Strategic Triad location approximately 6 miles from Piedmont Triad International Airport.
FOR SALE DETAILS
PRICE
$1,400,000 USD
PRICE/SF
$75 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Affordable Storage Guys
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.04 AC
LAND SF
88,862 SF
ZONING
-
APN/PARCEL ID
6886-53-6306
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770-728-8407
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770-728-8407
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