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Self-Storage Facility

Fort Locks Self Storage - National Turnpike

8204 National Turnpike, Louisville, KY 40214

Listing Price: $2,000,000

Cap Rate
2.88%
Number of Units
151
Occupancy
85.0%
Rentable SF
29,630
Price/Rentable SF
$67.50
Year Built
1991

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Fort Locks Self-Storage two property portfolio located in Louisville, Kentucky. The two facilities combine to feature 464 non-climate-controlled units, totaling 65,040 net rentable square feet. They also have a total of 20 parking spaces available for rent. Both locations are fully secured with a keypad entry, on-site management offices, and 24-hour video surveillance. They both benefit from extremely dense surrounding populations and are just about five miles apart from each other. Both facilities are located in busy areas with lots of restaurants, retail stores, schools, residential neighborhoods, and much more. This provides the facilities with high daily traffic counts ranging from 12,700-23,000 cars per day. Fort Locks Self-Storage Two Property Portfolio is being offered for $5,000,000 or $76.88 per rentable square foot.

Investment Highlights

  • Two Property Louisville, Kentucky Self Storage Portfolio
  • Combined 65,040 NRSF | Combined 464 Total Units
  • 20 Parking Spaces
  • National Turnpike: 84.83 Percent Physically Occupied
  • Both Facilities Have On-Site Management Offices

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Financing By

Self-Storage Facility

Fort Locks Self Storage - National Turnpike

Listing Price: $2,000,000

Cap Rate
2.88%
Number of Units
151
Occupancy
85.0%
Rentable SF
29,630
Price/Rentable SF
$67.50
Year Built
1991

Investment Highlights

  • Two Property Louisville, Kentucky Self Storage Portfolio
  • Combined 65,040 NRSF | Combined 464 Total Units
  • 20 Parking Spaces
  • National Turnpike: 84.83 Percent Physically Occupied
  • Both Facilities Have On-Site Management Offices

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Fort Locks Self-Storage two property portfolio located in Louisville, Kentucky. The two facilities combine to feature 464 non-climate-controlled units, totaling 65,040 net rentable square feet. They also have a total of 20 parking spaces available for rent. Both locations are fully secured with a keypad entry, on-site management offices, and 24-hour video surveillance. They both benefit from extremely dense surrounding populations and are just about five miles apart from each other. Both facilities are located in busy areas with lots of restaurants, retail stores, schools, residential neighborhoods, and much more. This provides the facilities with high daily traffic counts ranging from 12,700-23,000 cars per day. Fort Locks Self-Storage Two Property Portfolio is being offered for $5,000,000 or $76.88 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

Financing By

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