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1095 1095 Co 26 rd - Premier Storage - Marengo 17,400 SF Specialty Building Offered at $1,233,000 in Marengo, OH 43334
Executive Summary
- Cash Flowing Self-Storage Facility With Upside Comprised of 129 Non-Climate Units Totaling 17,400 Net Rentable Square Feet and 17 Outdoor Parking Rentals
- Facility Sits on Two Parcels Totaling 2.17 Acres With Room for an Additional Storage Building or Portable Storage Units
- Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
- Low Market Saturation of 4.9 SF/Capita Within Five Miles of the Property Bodes Well for the Possibility of Sticky Tenants and Future Rent Increases
- Opportunity to Increase Revenue Through Maximizing Fee Income and the Implementation of Tenant Insurance Sales
- Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place
- Very Strong Average Household Income of $94,567 Within Three Miles of the Property
- Marengo is Located in Central Ohio Approximately 30 Miles North of Downtown Columbus
- The Columbus MSA is the Second Largest in the State of Ohio and is Home to 2,180,271 Residents
- Facility Sits on Two Parcels Totaling 2.17 Acres With Room for an Additional Storage Building or Portable Storage Units
- Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
- Low Market Saturation of 4.9 SF/Capita Within Five Miles of the Property Bodes Well for the Possibility of Sticky Tenants and Future Rent Increases
- Opportunity to Increase Revenue Through Maximizing Fee Income and the Implementation of Tenant Insurance Sales
- Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place
- Very Strong Average Household Income of $94,567 Within Three Miles of the Property
- Marengo is Located in Central Ohio Approximately 30 Miles North of Downtown Columbus
- The Columbus MSA is the Second Largest in the State of Ohio and is Home to 2,180,271 Residents
Property Facts Under Contract
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Property Taxes
| Parcel Number | A01-001-00-235-05 | Improvements Assessment | $150,120 |
| Land Assessment | $23,350 | Total Assessment | $173,470 |
Property Taxes
Parcel Number
A01-001-00-235-05
Land Assessment
$23,350
Improvements Assessment
$150,120
Total Assessment
$173,470
Contacts
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Justin Clark -
David Perlleshi -
Frank DeSalvo -
Josh Snead -
Joel Dumes -
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1095 1095 Co 26 rd - Premier Storage - Marengo
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