28 Herrold Ave | Athens, OH 45701
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- LoopNet Team
28 Herrold Ave
Athens, OH 45701
GET STORAGE PORTFOLIO · Specialty Property For Sale
·
13,093 SF
INVESTMENT HIGHLIGHTS
- Significantly below market rents, with 20% – 40% upside remaining to increase rents to market
- Solid surrounding population with over 32,000 people living in a 3-mile radius
- Opportunity to improve both physical and economic occupancy to increase revenue and push value
- Very favorable supply levels – less than 8.5 square feet per capita in a 3-mile radius, and only 6.6 square feet per capita in a 5-mile radius
- Extremely profitable U-Haul truck rental business with $42k+ commissions per year
- Athens is home to Ohio University – which currently has over 28,000 students
PROPERTY FACTS
| Property Type | Specialty | Building Size | 13,093 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1998 |
| Lot Size | 2.32 AC | ||
| Zoning | M - Manufacturing and Industrial Use | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.32 AC |
| Building Size | 13,093 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Zoning | M - Manufacturing and Industrial Use |
AMENITIES
- On-Site Security Staff
PROPERTY TAXES
| Parcel Number | A02-80100020-07 | Improvements Assessment | $60,850 |
| Land Assessment | $56,530 | Total Assessment | $117,380 |
PROPERTY TAXES
Parcel Number
A02-80100020-07
Land Assessment
$56,530
Improvements Assessment
$60,850
Total Assessment
$117,380
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