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Self-Storage Facility

USA Storage Solutions - Concord, VA

1005 Richmond Hwy, Concord, VA 24538

Listing Price: $1,875,000

Cap Rate
7.08%
Number of Units
155
Occupancy
91.0%
Rentable SF
16,310
Price/Rentable SF
$114.96
Year Built
2003

Investment Overview

Marcus & Millichap is pleased to offer for sale USA Storage Solutions located in Concord, Virginia. This property can be purchased on it's own or along with the Richlands, Virginia and Hico, West Virginia locations. The Concord location features 57 climate-controlled units, 87 non-climate-controlled units, and 11 parking spaces totaling 16,310 net rentable square feet. There is upside in bringing the expansion online and increasing rents.

Investment Highlights

  • Central Virginia Self Storage Facility with Upside
  • Below Market Rents
  • Room for Expansion with 90 Percent of the Work Completed
  • Located in Concord Right Outside of Lynchburg
  • 16,310 Net Rentable 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

Self-Storage Facility

USA Storage Solutions - Concord, VA

Listing Price: $1,875,000

Cap Rate
7.08%
Number of Units
155
Occupancy
91.0%
Rentable SF
16,310
Price/Rentable SF
$114.96
Year Built
2003

Investment Highlights

  • Central Virginia Self Storage Facility with Upside
  • Below Market Rents
  • Room for Expansion with 90 Percent of the Work Completed
  • Located in Concord Right Outside of Lynchburg
  • 16,310 Net Rentable Square Feet

Investment Overview

Marcus & Millichap is pleased to offer for sale USA Storage Solutions located in Concord, Virginia. This property can be purchased on it's own or along with the Richlands, Virginia and Hico, West Virginia locations. The Concord location features 57 climate-controlled units, 87 non-climate-controlled units, and 11 parking spaces totaling 16,310 net rentable square feet. There is upside in bringing the expansion online and increasing rents.

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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