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2239 OH-125 - Storage Plus 28,500 SF Specialty Building Offered at $4,200,000 in Amelia, OH 45102

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INVESTMENT HIGHLIGHTS

  • Roughly 600 ft of frontage on both sides of major roadway (SR 125)
  • Includes acreage for expansion
  • Stabilized asset in quickly growing area

EXECUTIVE SUMMARY

Incredible Investment opportunity in recession proof, self-storage industry. Fully stabilized at 91% occupancy, this property features 28,500 SF under roof, 4.5 acres of outside storage and 3.5 acres for future development. This investment is perfectly positioned to grow with the area and continually add to the NOI. The facility contains 235 self-storage units and approximately 160 large outdoor large outdoor storage slips. Current T-12 3 sales data indicates gross sales of ~$357,000.
SOUTH LOT - 3.131 acres with 400 SF office, 135 storage units in 8 buildings. Built in 2018. 10 outside parking slips
NORTH LOT - 7.614 acres with 100 storage units in 5 buildings (11,000 sf). Built in 2021, ~80 storage slips for vehicles, equipment, recreational vehicles and boats.

PROPERTY FACTS Under Contract

Price $4,200,000
Price Per SF $147.37
Sale Type Investment
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Self-Storage
Lot Size 10.75 AC
Building Size 28,500 SF
No. Stories 1
Year Built/Renovated 2018/2021
Zoning Commercial
  • Listing ID: 31247296

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 2239 OH-125, Amelia, OH 45102

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