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200 Charles Hamilton Way - 169-Unit Self Storage 24,600 SF Specialty Building Offered at $1,990,000 in Shepherdsville, KY 40165
Executive Summary
Hoagland Commercial Realtors is pleased to present the Cedar Grove Self Storage investment opportunity for sale in Shepherdsville. Cedar Grove Self Storage is a stabilized, 169-unit self storage investment (167 storage units plus 1 apartment & 1 leasing office) located in Shepherdsville, a high-growth Louisville MSA suburb that has experienced population gains well above typical U.S. and state averages over the past decade and a half.
Built in 2008, the facility offers approximately 24,600 rentable square feet across a functional drive-up, non-climate-controlled unit mix. Currently operating at roughly 90% occupancy with rents essentially at market, providing investors with durable in-place cash flow and continued upside through incremental lease-up and operational optimization.
Built in 2008, the facility offers approximately 24,600 rentable square feet across a functional drive-up, non-climate-controlled unit mix. Currently operating at roughly 90% occupancy with rents essentially at market, providing investors with durable in-place cash flow and continued upside through incremental lease-up and operational optimization.
Property Facts
| Price | $1,990,000 | Building Class | B |
| Price Per SF | $80.89 | Lot Size | 3.60 AC |
| Sale Type | Investment | Building Size | 24,600 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2009 |
| Price | $1,990,000 |
| Price Per SF | $80.89 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.60 AC |
| Building Size | 24,600 SF |
| No. Stories | 1 |
| Year Built | 2009 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 428345 | Improvements Assessment | $884,000 |
| Land Assessment | $0 | Total Assessment | $884,000 |
Property Taxes
Parcel Number
428345
Land Assessment
$0
Improvements Assessment
$884,000
Total Assessment
$884,000
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200 Charles Hamilton Way - 169-Unit Self Storage