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169-171 Flanders St - River Campus Self Storage Facility 13,300 SF Specialty Building Offered at $600,000 in Rochester, NY 14619



INVESTMENT HIGHLIGHTS
- Ideally located near the University of Rochester’s River Campus
- Great Value-Add Potential with Onsite Managment
- Turnkey Operation
- 24/7 Security & Secure Entry
- Vertically Integrated Facility Management
EXECUTIVE SUMMARY
Benchmark Realty Advisors is pleased to exclusively present River Campus Storage, a premier climate controlled self-storage facility in Rochester, NY. This property offers an exceptional investment opportunity with a robust client base, modern amenities, and a prime location near the University of Rochester. The property was built out in 2018 to offer 115 climate controlled units over two floors, with a total of 8,675 Net Rentable Square Feet. Size of units range from small lockers (5x5), to large storage spaces (14x19), plus outside parking spots accommodating a variety of storage needs. Onsite leasing office, 24/7 video surveillance, electronic gate code access, and a well-lit premises ensures the safety and peace of mind for all tenants. HVAC updated in 2017/18 including (2) new electric furnaces, and (6) dual-zone mini split systems. This property offers newcomers to the self storage industry potential to finance with an SBA loan with only 10% down. Value add potential with site expansion, or securing the parking area to accommodate secured parking at the building.
• Value Add: Strong pro forma potential with expert, onsite management of the facility.
• Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity.
• Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue.
• Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space.
• Value Add: Strong pro forma potential with expert, onsite management of the facility.
• Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity.
• Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue.
• Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space.
PROPERTY FACTS
| Price | $600,000 | Lot Size | 0.56 AC |
| Price Per SF | $45.11 | Building Size | 13,300 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1917/2018 |
| Property Subtype | Self-Storage | Parking Ratio | 2.63/1,000 SF |
| Building Class | B | ||
| Zoning | Commercial - C-1 Neighborhood Center - also located in an O-A Overlay Airport District | ||
| Price | $600,000 |
| Price Per SF | $45.11 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 0.56 AC |
| Building Size | 13,300 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1917/2018 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | Commercial - C-1 Neighborhood Center - also located in an O-A Overlay Airport District |
AMENITIES
- Signage
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 261400-135-240-0001-007-000-0000 | Improvements Assessment | $336,600 |
| Land Assessment | $62,400 | Total Assessment | $399,000 |
PROPERTY TAXES
Parcel Number
261400-135-240-0001-007-000-0000
Land Assessment
$62,400
Improvements Assessment
$336,600
Total Assessment
$399,000
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169-171 Flanders St - River Campus Self Storage Facility
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