Skip to main content

Self-Storage Facility

Ring Road Self Storage

2927 Ring Rd, Elizabethtown, KY 42701

Listing Price: $4,600,000

Cap Rate
6.57%
Occupancy
88.1%
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to offer for sale Ring Road Self Storage located in Elizabethtown, Kentucky. The facility features one climate-controlled unit, 177 non-climate controlled units, one enclosed parking space, and two retail spaces totaling 44,100 net rentable square feet. They also offer 15 outside parking spaces for rent. They currently have a high physical occupancy of 92.50 percent and have available room for expansion. The property has 24-hour video surveillance and an on-site management office.

The location of this facility benefits from a growing surrounding population and is about 42 miles south of Louisville, Kentucky. They are conveniently located less than one mile from I-65 and are surrounded by many popular restaurant chains, retail stores, banks, offices, grocery stores, and neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 20,000 cars per day.

Ring Road Self Storage is being offered for $4.6 million or $104.31 per rentable square foot.

Investment Highlights

  • Louisville, Kentucky MSA Self Storage Offering
  • 44,100 Net Rentable Square Feet
  • One Climate-Controlled Unit | 177 Non-Climate Controlled Units
  • Two Retail Spaces
  • One Enclosed Parking Space and 15 Outside Parking Spaces

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Self-Storage Facility

Ring Road Self Storage

Listing Price: $4,600,000

Cap Rate
6.57%
Occupancy
88.1%
Year Built
1996

Investment Highlights

  • Louisville, Kentucky MSA Self Storage Offering
  • 44,100 Net Rentable Square Feet
  • One Climate-Controlled Unit | 177 Non-Climate Controlled Units
  • Two Retail Spaces
  • One Enclosed Parking Space and 15 Outside Parking Spaces

Investment Overview

Marcus & Millichap is pleased to offer for sale Ring Road Self Storage located in Elizabethtown, Kentucky. The facility features one climate-controlled unit, 177 non-climate controlled units, one enclosed parking space, and two retail spaces totaling 44,100 net rentable square feet. They also offer 15 outside parking spaces for rent. They currently have a high physical occupancy of 92.50 percent and have available room for expansion. The property has 24-hour video surveillance and an on-site management office.

The location of this facility benefits from a growing surrounding population and is about 42 miles south of Louisville, Kentucky. They are conveniently located less than one mile from I-65 and are surrounded by many popular restaurant chains, retail stores, banks, offices, grocery stores, and neighborhoods. This offers the facility great street frontage and high daily traffic counts of around 20,000 cars per day.

Ring Road Self Storage is being offered for $4.6 million or $104.31 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

MM Texture Background
MM Textured Background Lower