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114 Hidden Hill Rd 7,500 SF Specialty Building Offered at $489,000 in Spartanburg, SC 29301
Investment Highlights
- 45-unit self-storage facility on 1.08 acres
- Value-add opportunity below replacement cost
- Mix of walk-in and drive-up units with roll-up doors
Executive Summary
Hidden Hill Self-Storage presents a 45-unit, value-add self-storage opportunity in Spartanburg, SC. The 4,080 SF facility sits on 1.08 acres and features a mix of walk-in storage units and drive-up bays with roll-up doors, appealing to both household-goods tenants and vehicle/boat/trailer storage users.
Built in 1978, the property offers clear upside through occupancy stabilization, unit-mix optimization, rental rate increases to market, and targeted capital improvements to paving, signage, and unit doors. The site is fenced for security and buffered by mature trees along the rear and side property lines.
Offered at $489,000 — a basis well below replacement cost for new self-storage construction — this is an opportunity for an investor or owner-operator to acquire an established storage asset and drive NOI growth through active management.
Built in 1978, the property offers clear upside through occupancy stabilization, unit-mix optimization, rental rate increases to market, and targeted capital improvements to paving, signage, and unit doors. The site is fenced for security and buffered by mature trees along the rear and side property lines.
Offered at $489,000 — a basis well below replacement cost for new self-storage construction — this is an opportunity for an investor or owner-operator to acquire an established storage asset and drive NOI growth through active management.
Property Facts
| Price | $489,000 | Building Class | B |
| Price Per SF | $65.20 | Lot Size | 1.08 AC |
| Sale Type | Owner User | Building Size | 7,500 SF |
| Sale Condition | Deferred Maintenance | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1978 |
| Property Subtype | Self-Storage |
| Price | $489,000 |
| Price Per SF | $65.20 |
| Sale Type | Owner User |
| Sale Condition | Deferred Maintenance |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 7,500 SF |
| No. Stories | 1 |
| Year Built | 1978 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 6-21-13-113.00 | Improvements Assessment | $3,037 |
| Land Assessment | $3,518 | Total Assessment | $6,555 |
Property Taxes
Parcel Number
6-21-13-113.00
Land Assessment
$3,518
Improvements Assessment
$3,037
Total Assessment
$6,555
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Contact the Sale Advisor
114 Hidden Hill Rd