U-Store Self Storage
Gallipolis, OH
Executive Summary
- Price $425,000
- Property Address 100 OH-775, Gallipolis, OH 45631
- Enclosed Square Feet 5,900
- Parking Space Square Feet 600
- Acreage 2.45
- Number of Units 52
- Number of Buildings 2
- Price Per Sq. Ft. $72.03
- Cap Rate 9.13%
- Year Built 2004
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.”
The Calvary Realty National Storage Group is pleased to present this investment opportunity in Gallipolis, Ohio.
U-Store Self Storage, located at 100 OH-775 in Gallipolis, Ohio, is an attractive investment opportunity in the Gallipolis Micropolitan Statistical Area, boasting a population of nearly 29,000 residents. Priced at $425,000 with a price per square foot of $72, this property encompasses 5,900 square feet of enclosed space, along with ample parking space, on a spacious 2.45-acre parcel.
Built in 2004, U-Store Self Storage features two buildings comprising a total of 52 units, with an impressive physical occupancy rate of 98%. The property offers significant expansion potential, given its generous acreage, making it an ideal investment for growth-minded buyers seeking to capitalize on the demand for self-storage solutions in the area.
Key features of U-Store Self Storage include robust security measures such as video surveillance, ample lighting, and a fenced perimeter, ensuring the safety and security of stored items. The on-site office enhances customer service and operational efficiency, providing a convenient point of contact for tenants.
The property is equipped with Easy Storage Management software, streamlining administrative tasks and enabling efficient operations. With a low supply of storage facilities, below 1 square foot per person, U-Store Self Storage presents an opportunity to meet unmet demand in the local market, enhancing its revenue potential.
In summary, this self-storage facility is a strategic and versatile investment opportunity within the Gallipolis Micropolitan Statistical Area, featuring high occupancy, expansion potential, and leveraging its strategic location and favorable market dynamics.