Skip to main content

Self-Storage Facility

Oakdale Self-Storage

1625 Montauk Hwy, Oakdale, NY 11769

Listing Price: $7,700,000

Cap Rate
6.08%
Number of Units
291
Occupancy
91.2%
Gross SF
29,090
Rentable SF
27,320
Price/Rentable SF
$281.84
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Oakdale Self Storage located in Oakdale, New York. The facility consists of 190 climate-controlled units, 86 Non-Climate Controlled Units totaling 27,320 net rentable square feet. There are also 15 outdoor parking spaces available for rent. This is a
stabilized cash flowing facility that is currently 88 percent physically occupied. The neighboring property of 1.2 acres is for sale and zoned for self-storage by right. The property is fully secured with a keypad entrance, an on-site management office, and 24-hour video surveillance. The location of this facility
benefits from an extremely dense surrounding population of 166,388 people within 5-miles. Oakdale Self-Storage is located along the busy Montauk Highway which sees nearly 16,500 cars daily. The surrounding residential neighborhoods, restaurants, and retail centers keep the traffic flow high.

Investment Highlights

  • Low Saturation -4.4 SF of Self-Storage Capita in 3 mile Radius / 5.1 SF of Self- Storage Capita in 5 mile Radius
  • Stabilized Facility - 88% Physical Occupancy
  • Neighboring property of 1.2 acres is for sale and zoned for self-storage

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Financing By

Self-Storage Facility

Oakdale Self-Storage

Listing Price: $7,700,000

Cap Rate
6.08%
Number of Units
291
Occupancy
91.2%
Gross SF
29,090
Rentable SF
27,320
Price/Rentable SF
$281.84
Year Built
2005

Investment Highlights

  • Low Saturation -4.4 SF of Self-Storage Capita in 3 mile Radius / 5.1 SF of Self- Storage Capita in 5 mile Radius
  • Stabilized Facility - 88% Physical Occupancy
  • Neighboring property of 1.2 acres is for sale and zoned for self-storage

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Oakdale Self Storage located in Oakdale, New York. The facility consists of 190 climate-controlled units, 86 Non-Climate Controlled Units totaling 27,320 net rentable square feet. There are also 15 outdoor parking spaces available for rent. This is a stabilized cash flowing facility that is currently 88 percent physically occupied. The neighboring property of 1.2 acres is for sale and zoned for self-storage by right. The property is fully secured with a keypad entrance, an on-site management office, and 24-hour video surveillance. The location of this facility benefits from an extremely dense surrounding population of 166,388 people within 5-miles. Oakdale Self-Storage is located along the busy Montauk Highway which sees nearly 16,500 cars daily. The surrounding residential neighborhoods, restaurants, and retail centers keep the traffic flow high.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

Financing By

MM Texture Background
MM Textured Background Lower