Self-Storage Facility
U-Store N Lok
416 E Randolph Rd, Hopewell, VA 23860
Listing Price: $2,800,000
Investment Overview
Marcus & Millichap is pleased to offer for sale U-Store N Lok located in Hopewell, Virginia. This property was built in 1985 and features 345 non-climate units totaling 36,855 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from excellent street frontage and a growing surrounding population. U-Store N Lok sits on 6.34 acres of land and is located about 18 miles south of Richmond, Virginia.
Listing Price: $2,800,000
Investment Highlights
- Richmond, VA MSA Stabilized Self Storage Offering with Large Upside
- Well Below Market Rents
- Site Currently Does Not Utilize Tenant Insurance or Have Any Ancillary Income Streams
- 36,855 Net Rentable Square Feet
- 345 Total Units
Investment Overview
Marcus & Millichap is pleased to offer for sale U-Store N Lok located in Hopewell, Virginia. This property was built in 1985 and features 345 non-climate units totaling 36,855 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from excellent street frontage and a growing surrounding population. U-Store N Lok sits on 6.34 acres of land and is located about 18 miles south of Richmond, Virginia.
