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169-Unit Self Storage 215 Charles Hamilton Way 24,600 SF 100% Leased Industrial Building Shepherdsville, KY 40165 $1,990,000 ($80.89/SF)
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 | C |
| Price Per SF | $80.89 | Rentable Building Area | 24,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2008 |
| Price | $1,990,000 |
| Price Per SF | $80.89 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Rentable Building Area | 24,600 SF |
| No. Stories | 1 |
| Year Built | 2008 |
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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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169-Unit Self Storage | 215 Charles Hamilton Way
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