Creekside Self Storage Portfolio Specialty FOR SALE


Germanton, NC
$3,900,000 USD
239-293-3844
, Germanton, NC for Sale
$3,900,000 USD
Specialty - FOR SALE
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Creekside Self Storage Portfolio
Germanton, NC


HIGHLIGHTS

  • Strong Average Household Income of $71,290 Within Five Miles of the Property
  • Germanton, North Carolina, is a Small Town Located Just North of Winston-Salem in Stokes County, Which is Home to 45,532 Residents
  • The Winston-Salem MSA is the Fourth Largest in the State of North Carolina and is Home to 695,630 Residents
  • Opportunity to Increase Revenue Through Lease Up & Stabilization, Maximizing Fee Income, and the Implementation of Tenant Insurance Sales

OVERVIEW

• Value-Add Self-Storage Facility Featuring a 29,800 NRSF Expansion That Was Completed in 2024 and is Currently in Lease Up • Facility is Comprised of 7,800 NRSF of Climate-Control Units, 34,600 NRSF of Non-Climate Units, and 11 Outdoor Parking Rentals Spread Across Two Locations ~0.25 Apart • Extremely Limited Competition in the Immediate Area Evidenced by a Saturation Rate of 2.0 SF/Capita Within Five Miles of the Property • The Newer Facility Sits on a 6.74-Acre Parcel With Ample Room For Future Expansion and/or the Further Implementation of Outdoor Parking Rentals • Opportunity to Increase Revenue Through Lease Up & Stabilization, Maximizing Fee Income, and the Implementation of Tenant Insurance Sales • Strong Average Household Income of $71,290 Within Five Miles of the Property • Germanton, North Carolina, is a Small Town Located Just North of Winston-Salem in Stokes County, Which is Home to 45,532 Residents

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 Policy.