622 N Trimble Rd - Self-Storage Facilities FOR SALE


Mansfield, OH 44906
$2,332,000 USD
914-365-0752
622 N Trimble Rd, Mansfield, OH for Sale
$2,332,000 USD
Self-Storage Facilities - FOR SALE
1/9
null | 7.06% Cap Rate

622 N Trimble Rd
Mansfield, OH 44906


OVERVIEW

- Cash-Flowing Self Storage Facility Comprised of 184 Non-Climate Units Totaling 24,900 NRSF, Two Commercial Spaces Totaling 960 NRSF, and 14 Outdoor Parking Rentals - Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases - Limited Competition in the Immediate Trade Area Evidenced by a Market Saturation Rate of 6.5 SF/Capita for Self Storage Within Five Miles of the Property - Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place - Strong Population Numbers of 41,319 Residents Within Three Miles of the Property and 70,769 Residents Within Five Miles of the Property - Mansfield is Located in Northern Ohio Approximately 65 Miles Southwest of Cleveland and is Home to 47,593 Residents - The Mansfield MSA is the 10th Largest in the State of Ohio and is Home to 125,064 Residents

FOR SALE DETAILS

PRICE

$2,332,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Premier Storage - Mansfield

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,892 SF

ZONING

-

APN/PARCEL ID

027-04-135-18-000

ASK ABOUT THIS PROPERTY

David PerlleshiFranklin StreetMore Info
914-365-0752

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David PerlleshiFranklin StreetMore Info
914-365-0752

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