- 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.