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Self-Storage Facility

Springwater Mini Storage

7312 Depot Rd, Springwater, NY 14560

Listing Price: $590,000

Cap Rate
7.01%
Number of Units
65
Occupancy
91.0%
Gross SF
6,950
Rentable SF
6,950
Price/Rentable SF
$84.89
Year Built
2008

Investment Overview

Marcus & Millichap is pleased to offer for sale Springwater Mini Storage located in Springwater, New York. This property was built in 2008 and features 65 non-climate controlled units totaling 6,950 net rentable square feet. Springwater Mini Storage sits on 10.63 acres of land and is located about 35 miles south of Rochester, New York.

Investment Highlights

  • Western New York Stabilized Self-Storage Facility with Large Upside
  • 100 Percent Physical Occupancy
  • Room to Expand and Most Site Work Complete for a Potential Third Building
  • Lot Size: 10.63 Acres
  • Potential for Solar Farm and Cell Tower to Add Passive Income to the Property

Exclusively Listed By

Broker of Record

  • John Krueger

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311205789

    New York

Financing By

Self-Storage Facility

Springwater Mini Storage

Listing Price: $590,000

Cap Rate
7.01%
Number of Units
65
Occupancy
91.0%
Gross SF
6,950
Rentable SF
6,950
Price/Rentable SF
$84.89
Year Built
2008

Investment Highlights

  • Western New York Stabilized Self-Storage Facility with Large Upside
  • 100 Percent Physical Occupancy
  • Room to Expand and Most Site Work Complete for a Potential Third Building
  • Lot Size: 10.63 Acres
  • Potential for Solar Farm and Cell Tower to Add Passive Income to the Property

Investment Overview

Marcus & Millichap is pleased to offer for sale Springwater Mini Storage located in Springwater, New York. This property was built in 2008 and features 65 non-climate controlled units totaling 6,950 net rentable square feet. Springwater Mini Storage sits on 10.63 acres of land and is located about 35 miles south of Rochester, New York.

Exclusively Listed By

Broker of Record

  • John Krueger

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311205789

    New York

Financing By

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