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Self-Storage Facility

Rhino Self Storage - Morgantown, WV

5800 Nancy D Dr, Westover, WV 26501

Listing Price: $9,500,000

Cap Rate
4.84%
Number of Units
615
Occupancy
70.0%
Gross SF
81,269
Rentable SF
81,269
Price/Rentable SF
$116.90
Year Built
2022

Investment Overview

Marcus & Millichap is pleased to offer for sale Rhino Self Storage in Morgantown, West Virginia. This offering consists of a main location and a satellite location about a half-mile away. They are run as one entity. The main site has 65,269 net rentable square feet and the satellite site has 16,000 net rentable square feet. Together they total 81,269 net rentable square feet with 523 climate-controlled units and 92 non-climate-controlled units. The site has room for further expansion as well.

Investment Highlights

  • Two, Class A Self-Storage Facilities Located in Morgantown, West Virginia
  • Offering Consists of a Main Facility and a Satellite Location Approximately 0.50 Miles Apart that are Ran as One Entity
  • 81,269 Total Net Rentable Square Feet
  • 523 Climate-Controlled Units and 92 Non-Climate-Controlled Units
  • Room for Further Expansion

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (216) 264-2060

    License(s) WV: WVB250301068

    West Virginia

Financing By

Self-Storage Facility

Rhino Self Storage - Morgantown, WV

Listing Price: $9,500,000

Cap Rate
4.84%
Number of Units
615
Occupancy
70.0%
Gross SF
81,269
Rentable SF
81,269
Price/Rentable SF
$116.90
Year Built
2022

Investment Highlights

  • Two, Class A Self-Storage Facilities Located in Morgantown, West Virginia
  • Offering Consists of a Main Facility and a Satellite Location Approximately 0.50 Miles Apart that are Ran as One Entity
  • 81,269 Total Net Rentable Square Feet
  • 523 Climate-Controlled Units and 92 Non-Climate-Controlled Units
  • Room for Further Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale Rhino Self Storage in Morgantown, West Virginia. This offering consists of a main location and a satellite location about a half-mile away. They are run as one entity. The main site has 65,269 net rentable square feet and the satellite site has 16,000 net rentable square feet. Together they total 81,269 net rentable square feet with 523 climate-controlled units and 92 non-climate-controlled units. The site has room for further expansion as well.

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (216) 264-2060

    License(s): WV: WVB250301068

    West Virginia

Financing By

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