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Self-Storage Facility

Chatharidge Self Storage

222 Old Lystra Rd, Chapel Hill, NC 27517

Listing Price: Request For Offer

Number of Units
251
Occupancy
87.0%
Gross SF
22,100
Rentable SF
22,100
Year Built
1994

Investment Overview

Marcus & Millichap is pleased to offer the sale of Chatharidge Self Storage in Chapel Hill, NC. This value add investment includes 251 total units totaling 22,100 rentable square feet as well as a 2,592 SF rental home. This facility currently sits at 87% physical occupancy. This investment includes below market rents, land for expansion, and a location in a low saturation market. This property is within a 5 mile drive to the University of North Carolina at Chapel Hill, the third largest University in North Carolina and sits off right off of Hwy 15 501 N, which gets over 28,500 VPD.

Investment Highlights

  • 3 Bed 2 bathroom rental house on property
  • Within a 5 mile drive of the University of North Carolina - Chapel Hill
  • 68,000 people within a 5 mile radius
  • Room for expansion
  • Average household income over $120,000
  • Saturation at 7.08 SF/person within 5 miles

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Financing By

Self-Storage Facility

Chatharidge Self Storage

Listing Price: Request For Offer

Number of Units
251
Occupancy
87.0%
Gross SF
22,100
Rentable SF
22,100
Year Built
1994

Investment Highlights

  • 3 Bed 2 bathroom rental house on property
  • Within a 5 mile drive of the University of North Carolina - Chapel Hill
  • 68,000 people within a 5 mile radius
  • Room for expansion
  • Average household income over $120,000
  • Saturation at 7.08 SF/person within 5 miles

Investment Overview

Marcus & Millichap is pleased to offer the sale of Chatharidge Self Storage in Chapel Hill, NC. This value add investment includes 251 total units totaling 22,100 rentable square feet as well as a 2,592 SF rental home. This facility currently sits at 87% physical occupancy. This investment includes below market rents, land for expansion, and a location in a low saturation market. This property is within a 5 mile drive to the University of North Carolina at Chapel Hill, the third largest University in North Carolina and sits off right off of Hwy 15 501 N, which gets over 28,500 VPD.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

Financing By

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