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2755 State St
Hamden, CT 06517
Amodio Self Storit · Specialty Property For Sale · 26,845 SF

INVESTMENT HIGHLIGHTS

  • The property features 310 non climate-controlled self-storage units and 21 vehicle parking spots.
  • In addition there is a ground lease for a cell tower on-site.

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 3.03 AC
Building Size 26,845 SF
No. Stories 1
Year Built 1980
Parking Ratio 0.78/1,000 SF
Zoning T4

ABOUT 2755 STATE ST , HAMDEN, CT 06517

The offering of Amodio Self Storit represents an attractive and unique opportunity to acquire a long-existing stabilized cash flowing asset. The facility has consistently had occupancy levels in excess of 90% (currently 95%) within a densely populated market with significant rental housing. The on-site cell tower provides strong net income from both Crown Castle, a publicly traded REIT and through sub-tenants (a revenue sharing agreement). The facility affords the purchaser strong upside potential through: - The installation and implementation of self-storage software and revenue management system - Possible remote operation thereby significantly reducing on-site management costs - Upgrading the facility’s look and curb appeal which should lead to revenue enhancement The self-storage facility contains a total net rentable area of 26,845 square feet within 310 non-climate-controlled units with an additional 21 outdoor parking spaces available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HAMD-002332-000008
Land Assessment
$322,210
Improvements Assessment
$2,518,810
Total Assessment
$2,841,020
  • Listing ID: 21960034

  • Date on Market: 1/12/2021

  • Last Updated:

  • Address: 2755 State St, Hamden, CT 06517

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