Self-Storage Facility

CubeSmart (Managed)

4932 Marburg Ave, Cincinnati, OH 45209

Listing Price: $4,230,000

Cap Rate
5.89%
Number of Units
398
Occupancy
86.0%
Gross SF
44,905
Rentable SF
30,431
Price/Rentable SF
$139.00
Year Built
1981

Investment Overview

The Cincinnati metro is a 15-county region located within portions of Ohio, Kentucky and Indiana that maintains a population of nearly 2.2 million. The Ohio counties are Hamilton, Brown, Warren, Butler and Clermont. The counties in Indiana are Dearborn, Ohio and Franklin, and the Kentucky counties are Campbell, Grant, Boone, Gallatin, Pendleton, Bracken and Kenton. Eight Fortune 500 companies are located in the metro and provide thousands of jobs: Kroger, Cintas, Proctor & Gamble, Macy’s, Fifth Third Bancorp, AK Steel Holding, American Financial Group and Western & Southern Financial Group. Revitalization and the addition of bars, restaurants and services in downtown and the Over-the-Rhine neighborhood are drawing millennials into the urban core.

Investment Highlights

  • Steady Revenue Growth / Excellent Location /Desirable Layout /Amenities
  • N/A
  • N/A

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    License(s): OH: BRK.2007005898

    Ohio

Self-Storage Facility

CubeSmart (Managed)

Listing Price: $4,230,000

Cap Rate
5.89%
Number of Units
398
Occupancy
86.0%
Gross SF
44,905
Rentable SF
30,431
Price/Rentable SF
$139.00
Year Built
1981

Investment Highlights

  • Steady Revenue Growth / Excellent Location /Desirable Layout /Amenities
  • N/A
  • N/A

Investment Overview

The Cincinnati metro is a 15-county region located within portions of Ohio, Kentucky and Indiana that maintains a population of nearly 2.2 million. The Ohio counties are Hamilton, Brown, Warren, Butler and Clermont. The counties in Indiana are Dearborn, Ohio and Franklin, and the Kentucky counties are Campbell, Grant, Boone, Gallatin, Pendleton, Bracken and Kenton. Eight Fortune 500 companies are located in the metro and provide thousands of jobs: Kroger, Cintas, Proctor & Gamble, Macy’s, Fifth Third Bancorp, AK Steel Holding, American Financial Group and Western & Southern Financial Group. Revitalization and the addition of bars, restaurants and services in downtown and the Over-the-Rhine neighborhood are drawing millennials into the urban core.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    License(s): OH: BRK.2007005898

    Ohio

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