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Self-Storage Facility

Storage Solutions

2363 E 69th St, Cleveland, OH 44104

Listing Price: $2,000,000

Cap Rate
8.79%
Occupancy
56.8%
Gross SF
74,825
Rentable SF
63,601
Price/Rentable SF
$31.45
Year Built
1993

Investment Overview

Fee simple interest in Storage Solutions Inc., a 236,000-square foot self-storage property located at 2363 E 69th St, Cleveland, OH 44104. Storage Solutions Inc. is offered for $2,000,000.

Investment Highlights

  • Cleveland, OH Property with 19% Upside via Minor Rent and Occupancy Increase
  • Located in an Opportunity Zone
  • Room for Expansion on Massive 8 Acre Lot
  • Great Visibility from High Traffic Street; 7150 Vehicles per Day on Quincy
  • Current Rents 55% Below Market
  • Under-Saturated, 3.23 Square Feet Net Rentable/Capita

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Self-Storage Facility

Storage Solutions

Listing Price: $2,000,000

Cap Rate
8.79%
Occupancy
56.8%
Gross SF
74,825
Rentable SF
63,601
Price/Rentable SF
$31.45
Year Built
1993

Investment Highlights

  • Cleveland, OH Property with 19% Upside via Minor Rent and Occupancy Increase
  • Located in an Opportunity Zone
  • Room for Expansion on Massive 8 Acre Lot
  • Great Visibility from High Traffic Street; 7150 Vehicles per Day on Quincy
  • Current Rents 55% Below Market
  • Under-Saturated, 3.23 Square Feet Net Rentable/Capita

Investment Overview

Fee simple interest in Storage Solutions Inc., a 236,000-square foot self-storage property located at 2363 E 69th St, Cleveland, OH 44104. Storage Solutions Inc. is offered for $2,000,000.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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