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718 Robinson St
Lowell, NC 28098

$2,100,000

Self Storage For Sale  •  29,509 Sq Ft

Property Details

  • Property Type Self Storage
  • Total Building Size 29,509 Sq Ft
  • Lot Size 2.36 ac
  • Building Class C
  • Year Built 1973
  • Cap Rate 6.45 %
  • Zoning STOR4
0 Transit Score
35 Walk Score

Description

184 unit Self Storage facility located in the Charlotte, NC suburbs.  Renovated in 2018.  Fully automated with kiosk.  This property is stabilized.

Highlights

Located in an Opportunity zone
Fully automated and unmanned facility with 3rd party management able to continue
Strong occupancy at 89%
Room to increase revenue through continued rental increases
High growth area

Property Flyers

Financial Summary

Cap Rate: 6.45 %

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Charlotte Douglas International Airport 26 min - 13.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Aaron Palmer 828-545-8741 Modern Mountain Real Estate
Aaron Palmer 828-545-8741 Modern Mountain Real Estate