Self-Storage Facility
L & R U Store It
1952 Smokey Park Hwy, Candler, NC 28715
Listing Price: $3,000,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale L & R U Store. It is located five miles from Asheville at 1952 and 2528 Smokey Park Highway in Candler, North Carolina. The facility currently features 235 non-climate-controlled units that make up 33,908 net rentable square feet. The facility opened in 1994 and is situated on 3.97 acres of land. The facility has been able to maintain strong historical occupancy rates and is currently 84.70 percent physically occupied.
L & R U Store It
Investment Highlights
- Asheville, North Carolina Area Stabilized Self-Storage Facility with Large Upside
- Located Five Miles from Downtown Asheville
- 33,908 Net Rentable Square Feet | 235 Non-Climate-Controlled Units
- BETCO Plans in Place for a 13,000 Net Rentable Square Feet Expansion
- Below Market Rents
Listing Price: $3,000,000
Investment Highlights
- Asheville, North Carolina Area Stabilized Self-Storage Facility with Large Upside
- Located Five Miles from Downtown Asheville
- 33,908 Net Rentable Square Feet | 235 Non-Climate-Controlled Units
- BETCO Plans in Place for a 13,000 Net Rentable Square Feet Expansion
- Below Market Rents
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale L & R U Store. It is located five miles from Asheville at 1952 and 2528 Smokey Park Highway in Candler, North Carolina. The facility currently features 235 non-climate-controlled units that make up 33,908 net rentable square feet. The facility opened in 1994 and is situated on 3.97 acres of land. The facility has been able to maintain strong historical occupancy rates and is currently 84.70 percent physically occupied.
