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85 Walnut St - Storage Park Specialty Building Offered at $1,570,000 in Monticello, KY 42633
Investment Highlights
- Recently converted all climate-controlled facility with 228 units and 26,642 NRSF.
- Current economic occupancy at 63% offers significant upside for new ownership.
- Facility is 86% physically occupied, showing strong tenant demand.
- Low supply market with only 7.74 SF per capita and one climate competitor within 20 miles.
- Year 2 projected NOI of $118,375 and price per SF of $58.93.
- Offered at $1,570,000 for a stabilized self-storage investment.
Executive Summary
Kyle Matthews
License # 221925, 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
License # 221925, 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $1,570,000 | Lot Size | 1.15 AC |
| Price Per SF | $58.93 | Building Size | 26,642 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1955/2023 |
| Price | $1,570,000 |
| Price Per SF | $58.93 |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 1.15 AC |
| Building Size | 26,642 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2023 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Contacts
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Campbell Watkins -
Hunter Reynolds -
Austin McLeod -
Matthews Real Estate Investment Services
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85 Walnut St - Storage Park
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