$2,000,000
$1,145,000
74.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bath
14,444 SqFt
SOLD DATE : 01/20/2023
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 48351.6
Square Footage 14,444 sqft
Price per Sqft $138
MLS Listing ID 20220487
Sold Date 01/20/23
Year Built 1999
Lot Size 1.110 Acres
Property Description
Great turnkey investment opportunity! 100% occupied 108 unit, 14,000+ square foot self-storage facility just off Hwy. 501 and less than 4 minutes from I-95 in an Opportunity Zone offered at 7% cap rate! Value add opportunities include: vacant .28 acre adjacent parcel offered as part of sale for addition of at least 5000 sq. ft. of self-storage (the tracts for sale span from W. Cleveland St. to W. Washington St. on N. Railroad Ave. in downtown Dillon); increase rents; create website for on-line reservation, payment and advertising; sell tenant insurance. The addition of 5000 sq. ft. of 10X10 units would yield an additional $40,000 plus in annual revenue. The current facility has a history of being 100% occupied. Owners also offering Railway self-storage facility on 3.17 acres commercial land on US Hwy 301 N approx. 1 mile away for self-storage portfolio (MLS # 20220556). Contact Bill Tuck at (843)260-6915 or williamtuck@icloud.com for a complete, detailed and confidential offering memorandum. Property viewed by appointment only.
Location
State SC
County Dillon
Area Dillon
Interior
Fireplace No
Building
Lot Description City
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Greystone Properties, Llc