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Self-Storage Facility

Treasure Chest Storage

7870 NY-5, Clinton, NY 13323

Listing Price: $1,875,000

Cap Rate
5.03%
Number of Units
197
Occupancy
98.0%
Rentable SF
23,400
Price/Rentable SF
$80.13
Year Built
2010

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Treasure Chest Storage located in Clinton, New York. The facility consists of 197 non-climate-controlled units totaling 23,400 net rentable square-feet. The facility also features one rental house. The facility has upside through an expansion opportunity and through raising current rental rates. This is a stabilized cash flowing facility that is currently 99 percent physically occupied. The property has an on-site management office and 24-hour video surveillance. The facility is located in Clinton, New York. The property is just under three miles from the Sangertown Square Mall, and six miles from Utica University and Hamilton College. They are located off a busy street and are surrounded by lots of residential neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 13,800 cars per day off New York Route 5. Treasure Chest Storage is being offered for $1,875,000 or $80.13 per rentable square-foot.

Investment Highlights

  • Upstate New York Self Storage-Offering with Upside
  • 23,400 Net Rentable Square-Feet
  • 197 Non-Climate-Controlled Units
  • One Rental House

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s) NY: 10311204479

    New York

Financing By

Self-Storage Facility

Treasure Chest Storage

Listing Price: $1,875,000

Cap Rate
5.03%
Number of Units
197
Occupancy
98.0%
Rentable SF
23,400
Price/Rentable SF
$80.13
Year Built
2010

Investment Highlights

  • Upstate New York Self Storage-Offering with Upside
  • 23,400 Net Rentable Square-Feet
  • 197 Non-Climate-Controlled Units
  • One Rental House

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Treasure Chest Storage located in Clinton, New York. The facility consists of 197 non-climate-controlled units totaling 23,400 net rentable square-feet. The facility also features one rental house. The facility has upside through an expansion opportunity and through raising current rental rates. This is a stabilized cash flowing facility that is currently 99 percent physically occupied. The property has an on-site management office and 24-hour video surveillance. The facility is located in Clinton, New York. The property is just under three miles from the Sangertown Square Mall, and six miles from Utica University and Hamilton College. They are located off a busy street and are surrounded by lots of residential neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 13,800 cars per day off New York Route 5. Treasure Chest Storage is being offered for $1,875,000 or $80.13 per rentable square-foot.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (718) 475-4300

    License(s): NY: 10311204479

    New York

Financing By

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