270 Rabon Rd - Self-Storage Facilities FOR SALE


Columbia, SC 29223- Northeast Arcadia Lakes
$8,250,000 USD
702-686-1952
270 Rabon Rd, Columbia, SC for Sale
$8,250,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | Request Cap Rate


HIGHLIGHTS

  • 414 Units + 2 Rentable Spaces
  • 63,400 Sq Ft - 50,000+ Sq Ft available to expand
  • $555,000 Annual Income
  • $900,000 Gross Potential Income
  • Significant income potential - current rental rates are well below market averages
  • Strong demographic trends support expectations of growing demand in this region

OVERVIEW

Jennifer Stein Real Estate, Inc in conjunction with the self storage team at MHP Brokerage is pleased to present for sale Extra Space - Columbia SC. This stabilized facility features 63,400 NRSF, 414 units, and 2 rentable spaces that are 95% occupied. Highlighted by a 68% economic occupancy relative to market competitor’s rates, this facility presents an attractive opportunity to capture large amounts of additional income by raising rates to market averages. This facility currently produces $555,000 in annual income and there is 55,000+ Sq Ft of space to expand more units to fit growing demand.

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Extra Space Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.2 AC

LAND SF

313,632 SF

ZONING

M-1

APN/PARCEL ID

17116-01-16

ASK ABOUT THIS PROPERTY

Sammy DeebMHP BrokerageMore Info
702-686-1952

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Sammy DeebMHP BrokerageMore Info
702-686-1952

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