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2239 OH-125 - Storage Plus

28,500 SF Speciality Building Offered at £3,366,337 in Amelia, OH 45102

Investment Highlights

  • Roughly 600 ft of frontage on both sides of major roadway (SR 125)
  • Includes acreage for expansion
  • Stabilized asset in quickly growing area

Executive Summary

Incredible Investment opportunity in recession proof, self-storage industry. Fully stabilized at 91% occupancy, this property features 28,500 SF under roof, 4.5 acres of outside storage and 3.5 acres for future development. This investment is perfectly positioned to grow with the area and continually add to the NOI. The facility contains 274 self-storage units ranging from 5x5 to 11x50 and approximately 120 large outdoor storage units ranging from 5x5 to 11x50 and approximately 120 large outdoor storage slips. Extrapolating 2023 sales data indicates gross sales of ~$350,000.
SOUTH LOT - 3.131 acres with 400 SF office, 174storage units in 8 buildings. Built in 2018. 10 outside parking slips
NORTH LOT - 7.614 acres with 100 storage units in 5 buildings (11,000 sf). Built in 2021, ~80 storage slips for vehicles, equipment, recreational vehicles and boats.

Property Facts Under Contract

Price £3,366,337
Price Per SF £118
Sale Type Investment
Sale Conditions Business Value Included
Property Type Speciality
Property Subtype Self-Storage
Lot Size 10.75 AC
Building Size 28,500 SF
Number of Floors 1
Year Built/Renovated 2018/2021

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 31247296

  • Date on Market: 18/03/2024

  • Last Updated:

  • Address: 2239 OH-125, Amelia, OH 45102

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