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Self-Storage Facility

Yam City Storage

100 W 6th St, Tabor City, NC 28463

Listing Price: $800,000

Cap Rate
6.66%
Number of Units
120
Occupancy
82.5%
Rentable SF
10,700
Price/Rentable SF
$74.77
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to offer for sale Yam City Self Storage in Tabor City, NC. This investment opportunity consists of 80 non-climate units and 40 Climate controlled units totaling 10,700 NRSF. Yam City Storage is a turnkey cash flowing business with upside through revenue management. This property also includes a hair salon with a lease currently extending through January 2024.

Investment Highlights

  • Room for Approximately 4,000 SF Expansion
  • 39% Revenue Growth Year Over Year Q2 2022
  • Only 1 Competitor within 5 Miles
  • Upside Through Revenue Management
  • Turnkey, Cash Flowing Business

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Self-Storage Facility

Yam City Storage

Listing Price: $800,000

Cap Rate
6.66%
Number of Units
120
Occupancy
82.5%
Rentable SF
10,700
Price/Rentable SF
$74.77
Year Built
1999

Investment Highlights

  • Room for Approximately 4,000 SF Expansion
  • 39% Revenue Growth Year Over Year Q2 2022
  • Only 1 Competitor within 5 Miles
  • Upside Through Revenue Management
  • Turnkey, Cash Flowing Business

Investment Overview

Marcus & Millichap is pleased to offer for sale Yam City Self Storage in Tabor City, NC. This investment opportunity consists of 80 non-climate units and 40 Climate controlled units totaling 10,700 NRSF. Yam City Storage is a turnkey cash flowing business with upside through revenue management. This property also includes a hair salon with a lease currently extending through January 2024.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

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