458 E Main St - Self-Storage Facilities FOR SALE


Auburn, KY 42206
$675,000 USD
615-788-1241
458 E Main St, Auburn, KY for Sale
$675,000 USD
Self-Storage Facilities - FOR SALE
1/16
null | Request Cap Rate

458 E Main St
Auburn, KY 42206


HIGHLIGHTS

  • Stabilized asset with significant upside potential
  • Strong historical lease-up
  • Ample acreage for expansion

OVERVIEW

This self-storage facility presents a compelling investment opportunity with a stabilized occupancy of 95% across 76 units and approximately 7,356 NRSF. The property features a desirable mix of unit sizes, including 10x10s, 10x20s, and 5x10s, as well as four additional shed rentals. Built in 2022 and 2024, the buildings are in excellent condition, requiring minimal immediate capital investment. Situated on ±8.5 acres, the site offers ample room for future expansion to capitalize on continued demand. Additional value is supported by existing infrastructure, including an on-site office (±392 SF), security lighting, and camera systems. The property has demonstrated strong historical lease-up, reaching close to full occupancy within a few months of each building's CO, making it an ideal asset for investors seeking immediate cash flow with long-term growth potential through expansion. Byler Self Storage has maintained ~95% occupancy with no website or paid marketing. The additional land offers great opportunity for RV/Boat/Trailer parking, additional storage units, or a variety of other commercial/industrial uses. Logan county has historically been development friendly, expanding the possibilities for the undeveloped acreage.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Byler Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.34 AC

LAND SF

363,290 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jake StumbCharles Hawkins Co.More Info
615-788-1241

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Jake StumbCharles Hawkins Co.More Info
615-788-1241

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