290 Ellicott St | Buffalo, NY 14203
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- LoopNet Team
290 Ellicott St
Buffalo, NY 14203
Life Storage · Specialty Property For Sale
·
39,830 SF
INVESTMENT HIGHLIGHTS
- Extremely Under Supplied Market at 3 Square Feet per Person at Three and Five Miles With Strong Population Growth of 1.94 Percent in the One-Mile Radi
- Ability to Add 9,000 NRSF to Existing Facility as well as 2 Floor Vertical Expansion of 13,955 to Increase NRSF to 41,538
- Very Favorable Unit Sizes at This Location With an Average Climate Controlled Unit Size of 95 SF for 1st Floor Units and 76 SF for Elevator Units
- Asserts Market Dominance As Depicted Through Occupancies and Rates: Over 92 Percent full and Achieving $2.29 Rates
- Facility Is Strategically Positioned In City Center and is one of Only 3 Facilities within 2 Miles
- Facility Is Collecting in Place Rates Above All Market Comps on Climate Controlled Units
PROPERTY FACTS
| Property Type | Specialty | Building Size | 39,830 SF |
| Property Subtype | Self-Storage | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1945/2012 |
| Lot Size | 0.40 AC | Parking Ratio | 3.89/1,000 SF |
| Zoning | N-1D | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 39,830 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1945/2012 |
| Parking Ratio | 3.89/1,000 SF |
| Zoning | N-1D |
PROPERTY TAXES
| Parcel Number | 140200-111-130-0007-006-100 | Improvements Assessment | $618,300 |
| Land Assessment | $191,700 | Total Assessment | $810,000 |
PROPERTY TAXES
Parcel Number
140200-111-130-0007-006-100
Land Assessment
$191,700
Improvements Assessment
$618,300
Total Assessment
$810,000
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