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Self-Storage Facility

KO Storage - Springfield

3861 Ballentine Pike, Springfield, OH 45502

Listing Price: $9,350,000

Cap Rate
2.34%
Number of Units
696
Occupancy
40.0%
Gross SF
98,450
Rentable SF
98,450
Price/Rentable SF
$94.97
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the KO Storage Portfolio located in Springfield and Tipp City, Ohio. The portfolio features 157,060 net rentable square feet with 1,006 total units. The Troy Road location in Springfield is brand new and opened Q2 2023. Tipp City was just expanded in January 2023 as well. All locations have had strong lease up since opening.

Investment Highlights

  • Two Locations in Springfield and One Property in Tipp City
  • Springfield Properties are Less than a Half Mile Apart and Only About 20 Miles from the Tipp City Property
  • Troy Road Location is Brand New and Opened in Q2 2023 and Tipp City Expanded in Jan 2023 - Both Locations have had Strong Lease-Up Since Opening

Exclusively Listed By

Financing By

Self-Storage Facility

KO Storage - Springfield

Listing Price: $9,350,000

Cap Rate
2.34%
Number of Units
696
Occupancy
40.0%
Gross SF
98,450
Rentable SF
98,450
Price/Rentable SF
$94.97
Year Built
1999

Investment Highlights

  • Two Locations in Springfield and One Property in Tipp City
  • Springfield Properties are Less than a Half Mile Apart and Only About 20 Miles from the Tipp City Property
  • Troy Road Location is Brand New and Opened in Q2 2023 and Tipp City Expanded in Jan 2023 - Both Locations have had Strong Lease-Up Since Opening

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the KO Storage Portfolio located in Springfield and Tipp City, Ohio. The portfolio features 157,060 net rentable square feet with 1,006 total units. The Troy Road location in Springfield is brand new and opened Q2 2023. Tipp City was just expanded in January 2023 as well. All locations have had strong lease up since opening.

Exclusively Listed By

Financing By

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