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16762 Berwick Tpke
Gillett, PA 16925
U-Store-It · Specialty Property For Sale
·
26,048 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 26,048 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1980 |
| Lot Size | 4.87 AC | ||
| Zoning | C - Commercial district | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.87 AC |
| Building Size | 26,048 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | C - Commercial district |
AMENITIES
- Signage
ABOUT 16762 BERWICK TPKE , GILLETT, PA 16925
U-Store-It is an exciting value add self storage investment opportunity. The facility offers 147 drive up units totaling 26,048 net rentable square feet. The four buildings that make up this facility are fenced with a manual gate. The current owner supplies each tenant with a key to the lock for 24 hour access. The 4.87 acre property is located along the Berwick Turnpike, which offers a traffic count of 16,765 vehicles per day. The traffic count is a high volume count for a rural market. The current owner operates this facility remotely from a New York based office. The facility offers a current physical occupancy of 85% with an economic occupancy of 78.9%. A modest 5% improvement in economic occupancy increases the NOI $7,000 per year, which improves the facility value by $75,000.
PROPERTY TAXES
| Parcel Number | 30-004.03-005-000-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $120,500 |
PROPERTY TAXES
