2209 Richard St - Self-Storage Facilities FOR SALE


Abbeville, LA 70510
$1,500,000 USD
614-206-3881
2209 Richard St, Abbeville, LA for Sale
$1,500,000 USD
Self-Storage Facilities - FOR SALE
1/24
null | 4.2% Cap Rate

2209 Richard St
Abbeville, LA 70510


HIGHLIGHTS

  • Fenced and Gated with 3rd party management in place
  • Located just o? Veterans Memorial Drive with 17,000 cars/day
  • 15,000 people in a 3 mile radius
  • 8200 warehouse conversion to 67 Climate Controlled Self Storage units!

OVERVIEW

SVN and SelfStorageSales.com are pleased to o?er for sale Simple Storage Abbeville. This is a value-add Self-Storage facility featuring 12,400 NRSF of non-climate storage, a 1,500 SF apartment and a brand new 8200 sqft warehouse conversion to 67 climate-control units! The conversion presents significant upside to the next owner. Leasing up at a rate of 5-10% monthly! There is a low supply rate of 6.7 SF/Capita for Self- Storage within a 5-Mile radius. Primate retail location between Walgreens, Eastridge Nursing Home, and Oakleigh Apartments for a built in tenant base!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

4.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

Industrial/Office/Retail

APN/PARCEL ID

RA099200

ASK ABOUT THIS PROPERTY

Doug WilsonSVN | Wilson Commercial Group, LLCMore Info
614-206-3881

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Doug WilsonSVN | Wilson Commercial Group, LLCMore Info
614-206-3881

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