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Self-Storage Facility

Cargo Bay Storage

1103 Kellum Loop Rd, Jacksonville, NC 28546

Listing Price: $4,300,000

Cap Rate
7.04%
Number of Units
333
Occupancy
91.0%
Rentable SF
27,850
Price/Rentable SF
$154.40
Year Built
2013

Investment Overview

Marcus & Millichap is pleased to offer for sale Cargo Bay Storage located in Jacksonville, North Carolina. This facility features 27,850 net rentable square feet and 333 total units with 145 climate controlled units, 85 non-climate units, four offices, and 99 outdoor parking spaces. The facility sits on 11.02 acres of land which provides excellent potential for future expansion. The site is 100% full on it's storage units and is in excellent shape with no capital expenditures needed.

Investment Highlights

  • Jacksonville, North Carolina Self-Storage Offering
  • 27,850 Net Rentable Square Feet
  • 333 Total Units (145 Climate-Controlled Units, 85 Non-Climate Units, Four Offices, and 99 Outdoor Parking Spaces)
  • Excellent Expansion Opportunity on 11.02 Acres

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Financing By

Self-Storage Facility

Cargo Bay Storage

Listing Price: $4,300,000

Cap Rate
7.04%
Number of Units
333
Occupancy
91.0%
Rentable SF
27,850
Price/Rentable SF
$154.40
Year Built
2013

Investment Highlights

  • Jacksonville, North Carolina Self-Storage Offering
  • 27,850 Net Rentable Square Feet
  • 333 Total Units (145 Climate-Controlled Units, 85 Non-Climate Units, Four Offices, and 99 Outdoor Parking Spaces)
  • Excellent Expansion Opportunity on 11.02 Acres

Investment Overview

Marcus & Millichap is pleased to offer for sale Cargo Bay Storage located in Jacksonville, North Carolina. This facility features 27,850 net rentable square feet and 333 total units with 145 climate controlled units, 85 non-climate units, four offices, and 99 outdoor parking spaces. The facility sits on 11.02 acres of land which provides excellent potential for future expansion. The site is 100% full on it's storage units and is in excellent shape with no capital expenditures needed.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

Financing By

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