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Self-Storage Facility

Self Storage of Orange

151 Maple Ln, Orange, VA 22960

Listing Price: $5,850,000

Cap Rate
5.99%
Number of Units
378
Occupancy
85.0%
Rentable SF
49,410
Price/Rentable SF
$118.40
Year Built
1990

Investment Overview

Marcus & Millichap is pleased to offer for sale this Virginia Four Property Portfolio in Madison and Orange, Virginia. The portfolio combines to feature 156,798 net rentable square feet with a total of 1,060 units. There are climate controlled units, non-climate controlled units, and one commercial space. The Marshall's Mini Storage site has approved expansion plans for an additional 4,500 square feet and the Self Storage of Madison site has approved expansion plans for an additional 10,000 square feet.

Investment Highlights

  • Central Virginia Four Property Self-Storage Portfolio With Upside
  • All Facilities are Located Within Close Proximity to Each Other (3 Properties in Orange & 1 Property in Madison)
  • Combined 156,798 Net Rentable Square Feet
  • Mix of CC Units, NCC Units, and One Commercial Space
  • Seller Has Approved Expansion Plans for 4,500 SF at the Marshall's Facility & 10,000 SF at the Madison Location

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Self-Storage Facility

Self Storage of Orange

Listing Price: $5,850,000

Cap Rate
5.99%
Number of Units
378
Occupancy
85.0%
Rentable SF
49,410
Price/Rentable SF
$118.40
Year Built
1990

Investment Highlights

  • Central Virginia Four Property Self-Storage Portfolio With Upside
  • All Facilities are Located Within Close Proximity to Each Other (3 Properties in Orange & 1 Property in Madison)
  • Combined 156,798 Net Rentable Square Feet
  • Mix of CC Units, NCC Units, and One Commercial Space
  • Seller Has Approved Expansion Plans for 4,500 SF at the Marshall's Facility & 10,000 SF at the Madison Location

Investment Overview

Marcus & Millichap is pleased to offer for sale this Virginia Four Property Portfolio in Madison and Orange, Virginia. The portfolio combines to feature 156,798 net rentable square feet with a total of 1,060 units. There are climate controlled units, non-climate controlled units, and one commercial space. The Marshall's Mini Storage site has approved expansion plans for an additional 4,500 square feet and the Self Storage of Madison site has approved expansion plans for an additional 10,000 square feet.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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