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Self-Storage Facility

USA Storage Solutions - Richlands, VA

506 Kents Ridge Rd, Richlands, VA 24641

Listing Price: $2,675,000

Cap Rate
5.99%
Number of Units
228
Occupancy
91.0%
Rentable SF
27,580
Price/Rentable SF
$96.99
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to offer for sale USA Storage Solutions located in Richlands, Virginia. This property can be purchased on it's own or along with the Concord, Virginia and Hico, West Virginia locations. The Richlands site features 11 climate-controlled units and 217 non-climate-controlled units totaling 27,580 net rentable square feet.

Investment Highlights

  • Western Virginia Stabilized Self Storage Facility
  • Located in Richlands, Virginia
  • Planning to do a Price Increase August 1st that Should Bring Gross Revenue Up Around $1,900 a Month
  • 27,580 Net Rentable Square Feet
  • 11 Climate-Controlled Units & 217 Non-Climate-Controlled Units

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 - Richlands, VA

Listing Price: $2,675,000

Cap Rate
5.99%
Number of Units
228
Occupancy
91.0%
Rentable SF
27,580
Price/Rentable SF
$96.99
Year Built
1986

Investment Highlights

  • Western Virginia Stabilized Self Storage Facility
  • Located in Richlands, Virginia
  • Planning to do a Price Increase August 1st that Should Bring Gross Revenue Up Around $1,900 a Month
  • 27,580 Net Rentable Square Feet
  • 11 Climate-Controlled Units & 217 Non-Climate-Controlled Units

Investment Overview

Marcus & Millichap is pleased to offer for sale USA Storage Solutions located in Richlands, Virginia. This property can be purchased on it's own or along with the Concord, Virginia and Hico, West Virginia locations. The Richlands site features 11 climate-controlled units and 217 non-climate-controlled units totaling 27,580 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

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