Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale TRG Mini Storage & Carwash. This investment includes 406 E. Hamlet Ave, Hamlet, NC. Situated in the center of town, the self-storage facility contains 14,450 net rentable square feet with 143 non-climate controlled units and 15 parking spaces. Currently, the property is operating at 90.37% Physical Occupancy with a 7.41% Current Cap Rate. The market shows a strong demand for self-storage in 3, 5, 10 mile radius. The lot, which is 2.28 acres, also includes a 4-bay self serve car wash, 1 apartment and 2 car garage with office. This location has great presence and is situated on the corner of Hamlet Ave. The facility is set up for a new buyer to come in with their own touch and right business plan to capitalize on this mis-managed property.