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744 Buffalo Shoals Rd
Statesville, NC 28677
Buffalo Storage · Specialty Property For Sale · 62,591 SF

Investment Highlights

  • Beautiful clean facility that looks like it is only five years old.

Property Facts

Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 14.30 AC
Building Size 62,591 SF
No. Stories 1
Year Built 1997
Parking Ratio 1.75/1,000 SF
Zoning HI - Highway Industrial

Amenities

  • Controlled Access
  • Signage

About 744 BUFFALO SHOALS RD , STATESVILLE, NC 28677

Brampton Capital Adviser Group is exclusively listing for sale Buffalo Storage in Statesville, North Carolina. Proforma financials are per Sitelink based on scheduled increases of current tenants and occupancy. This is a first class facility with all up to date maintenance and no expenses have been spared to keep it that way. This self storage facility is located three miles from I77 and three miles from I40. In addition within 2.5 miles there are two single family home subdivisions under construction with a combined unit mix of over 850 homes. This centrally located property is secured with perimeter fencing, lighting, camera and security monitoring. All units are individually alarmed and tied in with a Digi-Gate controller, key pads entry and exit 24 hour recorded video monitoring on gate, drive, office, and some interior and exterior space. There is a an active monitoring screen in the office that displays unit status, onsite activity and live video .With convenient access to downtown Statesville and the airport, the property features: •100 parking spaces for boat, RV, truck or auto storage plus 356 self-storage units in 5 buildings, 90 Climate controlled units• 57,216 sq. ft. on 9 acres • There is another 5 acres that is available for expansion where the number of units could be possibly doubled with a Bi Level building. Occupancy rates are currently 90%. Sales and margin trends are positive. In 2019, 9 out of 12 months were record sales months. A 2020 increase of 30k will easily occur. January 2020 was also a record! Ample outside storage & parking with existing tenant income. • Pad Prep & Paving is in Place to Further Expand 10,000 SF Climate Controlled Building Note that this listing is confidential and do not disturb the tenants. Please call 704-449-4697 with any questions about this opportunity.

Property Taxes

Property Taxes

Parcel Number
4734-20-9863.000
Land Assessment
$214,500
Improvements Assessment
$2,097,830
Total Assessment
$2,312,330
  • Listing ID: 14464718

  • Date on Market: 11/22/2018

  • Last Updated:

  • Address: 744 Buffalo Shoals Rd, Statesville, NC 28677

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