Listing Summary
Brandt Boat & RV Storage is a premier storage facility located in the vibrant Dayton, Ohio Metropolitan Area. Priced at $5,500,000, the property offers a cap rate of 5.40% and a price per enclosed square foot of $94.48.
Full Description
John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. No one comes to the Father except through Me".
Brandt Boat & RV Storage is a premier storage facility located in the vibrant Dayton, Ohio Metropolitan Area. Priced at $5,500,000, the property offers a cap rate of 5.40% and a price per enclosed square foot of $94.48. The facility boasts 58,212 enclosed square, divided into 102 units; as well as 12,960 square feet of outdoor storage divided into 27 spaces. Physical occupancy at the property as of August 2024 is 91%. Situated on 10.13 acres, the property has a gross square footage of 441,089 and was constructed in 2019. It consists of 12 buildings, each made of durable metal, and spans two stories. The facility is conveniently located on State Route 201, providing easy access to major thoroughfares.
The property is adjacent to several new residential developments, ensuring a steady demand for storage solutions. It features fully enclosed RV and boat storage, making it a preferred choice for customers with specific storage needs. The facility is fenced and well-lit, with an automatic entrance gate, ensuring security and ease of access for tenants. The tenant mix at the property consists of 60% businesses/contractors and 40% residential customers. The enclosed storage units offer amenities such as electricity in every unit, some with 30-amp circuits.
Brandt Boat & RV Storage utilizes Easy Storage Solutions management software, streamlining operations and enhancing tenant experience. The property also offers significant expansion potential, making it a lucrative investment opportunity in a growing metropolitan area.
Quick Glance
- Listing ID:
CL-Ohio-12850
- Status:
Active
- Year Build:
2019
- Building Size:
58,212 SqFt
- Lot Size:
441,089.00 Acre