558 W Ingham Ave - Self-Storage Facilities FOR SALE
Ewing Township, NJ 08638- Outer Trenton/Hamilton/Ewing |
$8,500,000 USD
216-239-5071
558 W Ingham Ave
Ewing Township, NJ 08638
Outer Trenton/Hamilton/Ewing
HIGHLIGHTS
- Recent conversion opened in mid-2023 • Densely populated area: 152,541 in 3-Miles • Value Add – Store rents are $10/SF below stabilized market rents
- 22,328 SF expansion opportunity on 3rd Floor and Lower Level • Cell Tower Income • Underserved market with strong demand for self-storage: 3.39 SF/Cap
- High percentage of renter occupied housing: 54% • Located 1.5 miles from Trenton, NJ city center • 34 Miles to Philadelphia | 70 Miles to NYC
- Owner Renovation includes all new roof, HVAC, elevator, dock, ramps, walkways, leasing office, windows, doors, exterior skin/façade, parking lot
- Owner has installed a new state-of-the-art Fully Sprinklered Fire Suppression and Life Safety Recall System • New electrical systems thru out
- 70% of the 3-mile submarket square footage is REIT owned • 100% Climate Control facility
FOR SALE DETAILS
PRICE
$8,500,000 USD
PRICE/SF
$171 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
347 Units
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
4
BUILDING CLASS
B
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.05 AC
LAND SF
45,738 SF
ZONING
IP-3
APN/PARCEL ID
-
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216-239-5071
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216-239-5071
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