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Self-Storage Facility

Almost A Garage

11463 Rolfe Hwy, Elberon, VA 23846

Listing Price: $888,820

Cap Rate
5.00%
Number of Units
115
Occupancy
81.0%
Rentable SF
10,600
Price/Rentable SF
$83.85
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to offer for sale Almost A Garage located at 11475 Rolfe Highway in Elberon, Virginia. The self-storage facility features 115 drive-up units and measures 10,600 NRSF. Situated on 2.31 acres, the property is secured by a perimeter fence, security monitoring and a surveillance system. Almost A Garage is part of the Virginia Self-Storage Portfolio along with Self-Storage Warehouses In Newport News, located in Newport News, Virginia. Elberon is an unincorporated Surry County community and is located on Virginia State Highway 31 5.1 miles south-southwest of the city of Surry. Nearby Surry is the county seat. Located just across the James River from Williamsburg, Surry is a short ferry ride away from Historic Jamestowne and an easy day trip from Richmond or Virginia Beach, Virginia. Visitors can explore Hog Island Wildlife Management Area looking for bald eagles, learn about the history of farming at Chippokes State Park, taste a bit of famous Virginia ham, sip local wine, load up on produce at the farmer’s market and tour historic plantation homes. Established in 1652, Surry County is one of the oldest counties in the United States. The county has 19 sites listed on the National Register, including a landmark occupied in 1676 known as Bacon's Castle and Chippokes Plantation (now a state park). The Jamestown Ferry provides easy access to Virginia's Historic Triangle, featuring Jamestown, Williamsburg, and Yorktown, linked by the National Park Service's Colonial Parkway. The county is known for farming, curing Virginia Hams, and harvesting lumber, notably Virginia Pine.

Investment Highlights

  • Part of the 2-Property Virginia Self-Storage Portfolio in Elberon & Newport News, VA
  • 115 Drive-Up Units | Variety of Sizes Available
  • Situated on 2.31 Acres Adjacent to the Virginia Beach-Norfolk News, VA NC MSA
  • Fully Fenced & Gated

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Self-Storage Facility

Almost A Garage

Listing Price: $888,820

Cap Rate
5.00%
Number of Units
115
Occupancy
81.0%
Rentable SF
10,600
Price/Rentable SF
$83.85
Year Built
1997

Investment Highlights

  • Part of the 2-Property Virginia Self-Storage Portfolio in Elberon & Newport News, VA
  • 115 Drive-Up Units | Variety of Sizes Available
  • Situated on 2.31 Acres Adjacent to the Virginia Beach-Norfolk News, VA NC MSA
  • Fully Fenced & Gated

Investment Overview

Marcus & Millichap is pleased to offer for sale Almost A Garage located at 11475 Rolfe Highway in Elberon, Virginia. The self-storage facility features 115 drive-up units and measures 10,600 NRSF. Situated on 2.31 acres, the property is secured by a perimeter fence, security monitoring and a surveillance system. Almost A Garage is part of the Virginia Self-Storage Portfolio along with Self-Storage Warehouses In Newport News, located in Newport News, Virginia. Elberon is an unincorporated Surry County community and is located on Virginia State Highway 31 5.1 miles south-southwest of the city of Surry. Nearby Surry is the county seat. Located just across the James River from Williamsburg, Surry is a short ferry ride away from Historic Jamestowne and an easy day trip from Richmond or Virginia Beach, Virginia. Visitors can explore Hog Island Wildlife Management Area looking for bald eagles, learn about the history of farming at Chippokes State Park, taste a bit of famous Virginia ham, sip local wine, load up on produce at the farmer’s market and tour historic plantation homes. Established in 1652, Surry County is one of the oldest counties in the United States. The county has 19 sites listed on the National Register, including a landmark occupied in 1676 known as Bacon's Castle and Chippokes Plantation (now a state park). The Jamestown Ferry provides easy access to Virginia's Historic Triangle, featuring Jamestown, Williamsburg, and Yorktown, linked by the National Park Service's Colonial Parkway. The county is known for farming, curing Virginia Hams, and harvesting lumber, notably Virginia Pine.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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