All Purpose Storage - Greenfield FOR SALE


Greenfield, MA
$9,197,000 USD
239-293-3844
, Greenfield, MA for Sale
$9,197,000 USD
FOR SALE
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All Purpose Storage - Greenfield
Greenfield, MA


OVERVIEW

- Stabilized and Cash-Flowing Self Storage Assets Comprised of 527 Non-Climate Units Totaling 66,470 NRSF and 6 Outdoor Parking Rentals - Installation of Solar Panels to the Roofs of Both Facilities is Nearly Complete and is Projected to Add $57,500 in Annual Revenue - Opportunity to Increase Revenue Through the Completion of Lease Up, and the Implementation of Existing Customer Rent Increases - Low Market Saturation Rate of 7.5 SF/Capita Within Five Miles of the Facilities and No Active Storage Developments - Opportunity to Increase Revenue Through Maximizing Fee and Tenant Insurance Income Streams - Recent Capital Improvements Within the Last Two Years Include the Addition of Portable Units to the Wisdom Way Location and the Installation of Security Cameras at Both Locations - Facilities Are Excellent Candidates for Remote Management With Essential Vendor Contracts and Management Software Already in Place - Strong Average Household Income of $78,775 Within Five Miles of the Facilities - The Greenfield MSA is Located in Northwest Massachusetts and is Home to 70,836 Residents In Association with ParaSell Inc. | A Licensed Massachusetts Broker #423311-REC Scott Reid Broker - ParaSell Inc. Lic #: MA-9532789 949.942.6578 Broker@parasellinc.com

ASK ABOUT THIS PROPERTY

Frank DeSalvoFranklin StreetMore Info
239-293-3844

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Frank DeSalvoFranklin StreetMore Info
239-293-3844

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