UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4271109
Year Built 1992
Lot Size 0.830 Acres
Acres 0.83
Property Sub-Type Business
Property Description
Don't miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15,000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager's office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!
Location
State NC
County Madison
Zoning RA
Interior
Heating Ductless, Office Only
Cooling Ductless, Office Only
Flooring Concrete
Inclusions Building, Land
Exterior
Utilities Available Electricity Connected
Waterfront Description None
Roof Type Metal
Street Surface Gravel,Paved
Building
Lot Description Level
Dwelling Type Manufactured,Site Built
Foundation Slab
Sewer Septic Installed
Water Shared Well
Structure Type Metal
New Construction false
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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