85 Walnut St - Specialty FOR SALE


Monticello, KY 42633
$1,570,000 USD
678-735-1386
85 Walnut St, Monticello, KY for Sale
$1,570,000 USD
Specialty - FOR SALE
1/3

85 Walnut St
Monticello, KY 42633


HIGHLIGHTS

  • Recently converted all climate-controlled facility with 228 units and 26,642 NRSF.
  • Low supply market with only 7.74 SF per capita and one climate competitor within 20 miles.
  • Current economic occupancy at 63% offers significant upside for new ownership.
  • Year 2 projected NOI of $118,375 and price per SF of $58.93.
  • Facility is 86% physically occupied, showing strong tenant demand.
  • Offered at $1,570,000 for a stabilized self-storage investment.

OVERVIEW

Kyle Matthews License # 221925, 239410 (KY) Matthews Real Estate Investment Services, Inc 1600 West End Ave., Ste. 1500, Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,570,000 USD

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Storage Park

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

M3-18-001.00

ASK ABOUT THIS PROPERTY

Campbell WatkinsMatthews Real Estate Investment ServicesMore Info
678-735-1386

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

Campbell WatkinsMatthews Real Estate Investment ServicesMore Info
678-735-1386

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