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Self-Storage Facility

Harvey's Storage

1127 E Lynchburg Salem Turnpike, Bedford, VA 24523

Listing Price: $2,760,000

Cap Rate
4.63%
Number of Units
388
Occupancy
58.3%
Gross SF
62,490
Rentable SF
62,490
Price/Rentable SF
$44.17
Year Built
1991

Investment Overview

Marcus & Millichap is pleased to offer for sale Harvey's Storage located in Bedford, Virginia. This property was built in 1991 and features 368 non-climate controlled units totaling 62,490 net rentable square feet. The facility benefits from excellent visibility and there is only one other facility located within a three-mile radius. Harvey's Storage sits on 7.31 acres of land and is located about 20 miles west of Lynchburg, Virginia.

Investment Highlights

  • Lynchburg, Virginia MSA Self Storage Offering
  • 62,490 Net Rentable Square Feet
  • 368 Non-Climate Controlled Units
  • 20 Outdoor Parking Spaces
  • Below Market Rents

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    (804) 205-5008

    License(s) VA: 0225215181

    Virginia

Listing Price: $2,760,000

Cap Rate
4.63%
Number of Units
388
Occupancy
58.3%
Gross SF
62,490
Rentable SF
62,490
Price/Rentable SF
$44.17
Year Built
1991

Investment Highlights

  • Lynchburg, Virginia MSA Self Storage Offering
  • 62,490 Net Rentable Square Feet
  • 368 Non-Climate Controlled Units
  • 20 Outdoor Parking Spaces
  • Below Market Rents

Investment Overview

Marcus & Millichap is pleased to offer for sale Harvey's Storage located in Bedford, Virginia. This property was built in 1991 and features 368 non-climate controlled units totaling 62,490 net rentable square feet. The facility benefits from excellent visibility and there is only one other facility located within a three-mile radius. Harvey's Storage sits on 7.31 acres of land and is located about 20 miles west of Lynchburg, Virginia.

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    (804) 205-5008

    License(s): VA: 0225215181

    Virginia

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