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102 S Adams St - Old Town Storage 10,320 SF Specialty Building Offered at $390,000 at a 6.64% Cap Rate in Lexington, NE 68850
Investment Highlights
- Priced below replacement cost ($38/ft)
- Bite-sized deal for existing or first time storage investor
- Upside potential rooted in physical vacancy & below market rates
Executive Summary
$390,000 | Old Town Storage - 102 S Adams St, Lexington, NE 68850
The subject property is for sale at just $38/NRSF — well below replacement cost. Featuring a wide array of unit sizes and value-add potential, this makes for a great investment by a first-time storage investor, or an existing operator looking to expand their market share.
Please direct all requests for additional information and other related inquiries to Mason Gates at (602) 946-4856 or mason.gates@matthews.com
Broker of Record
Kyle Matthews
License # 35320 (NE)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
The subject property is for sale at just $38/NRSF — well below replacement cost. Featuring a wide array of unit sizes and value-add potential, this makes for a great investment by a first-time storage investor, or an existing operator looking to expand their market share.
Please direct all requests for additional information and other related inquiries to Mason Gates at (602) 946-4856 or mason.gates@matthews.com
Broker of Record
Kyle Matthews
License # 35320 (NE)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Property Taxes
| Parcel Number | 24-0122968 | Improvements Assessment | $242,035 |
| Land Assessment | $3,590 | Total Assessment | $245,625 |
Property Taxes
Parcel Number
24-0122968
Land Assessment
$3,590
Improvements Assessment
$242,035
Total Assessment
$245,625
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102 S Adams St - Old Town Storage
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