148 Hamon Dr 20,005 SF Specialty Building Offered at $495,000 at a 7.55% Cap Rate in Scott Depot, WV 25560

Value-Add Self-Storage Opportunity | 104 Units | Scott Depot, WV
148 Hamon Drive | Scott Depot, West Virginia
Positioned in one of Putnam County’s strongest growth corridors, this 104-unit self-storage facility with on-site office presents a compelling value-add investment opportunity. The property is being offered at pricing that reflects its current occupancy of approximately 50%, providing a clear path for upside through lease-up and operational optimization.
The facility has undergone significant recent capital improvements, substantially reducing near-term maintenance risk and setting the stage for stabilized performance. Recent upgrades include all new roofs, new gutters, upgraded exterior lighting, and full self-storage automation, allowing for modernized operations and remote management capabilities.
Located just minutes from Teays Valley Road, I-64, and surrounding residential and commercial development, the property benefits from strong visibility, convenient access, and a growing customer base. The on-site office adds flexibility for owner-operators or third-party management.
With stabilized occupancy, market rent alignment, and professional management, the property offers meaningful NOI growth potential without the need for major structural investment.
Investment Highlights
104 Self-Storage Units + On-Site Office
Prime Scott Depot / Teays Valley Location
Approximately 50% Current Occupancy
Priced at Current Performance – Strong Upside
Recent Capital Improvements:
New roofs
New gutters
Updated exterior lighting
Self-storage automation system installed
Value-Add Lease-Up Opportunity
Ideal for Owner-Operator or Investor
This offering is well-suited for investors seeking stable real estate fundamentals with operational upside in a supply-constrained and growing West Virginia market.