73 Birch st - Self-Storage Facilities FOR SALE


Philippi, WV 26416
$454,000 USD
949-942-6585
73 Birch st, Philippi, WV for Sale
$454,000 USD
Self-Storage Facilities - FOR SALE
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73 Birch st
Philippi, WV 26416


OVERVIEW

- Stabilized, cash-flowing self-storage facility featuring 82 non-climate units totaling 11,400 net rentable square feet. - Facility sits on a 0.78-acre lot with room for a small storage expansion or the addition of outdoor parking rentals. - Opportunity to increase revenue through steady rent increases and the implementation of existing customer rent increases. - Very limited competition in the immediate trade area, evidenced by a saturation rate of 4.5 SF/capita within five miles of the property. - Additional revenue potential through maximizing fee income and the implementation of tenant insurance sales. - Strong average household income of $70,265 within three miles of the property. - Philippi, West Virginia, is nestled along the banks of the Tygart Valley River in the majestic countryside of Northeast West Virginia. - Philippi is the county seat of Barbour County, which is home to 15,369 residents.

FOR SALE DETAILS

PRICE

$454,000 USD

CAP RATE

8.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

08-1-01140000

ASK ABOUT THIS PROPERTY

Scott ReidParaSell, Inc.More Info
949-942-6585

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Scott ReidParaSell, Inc.More Info
949-942-6585

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