PACKAGE INVESTMENT OPPORTUNITY: Two established self-storage facilities being sold together for a combined price. Located just 2 miles apart within the Marshfield city limits, this portfolio offers a total of 346 units and over 41,000 net rentable sq. ft. Both sites feature premium security upgrades including full fencing, 24/7 gate access, and remotely monitored security systems with automated lockouts and code changes integrated via ESS software. Both facilities offer drive up units & climate-controlled by all-electric heat pump HVAC systems. Banning location offers a few outdoor storage spots. Both locations have potential for small building additions. While currently not utilized, both locations have the ability to connect to public water and sewer. FACILITY 1: 1061 Banning St, 1.43 Acres +/- (Zoned R-3), 164 Units (Includes 4 outdoor parking spaces), Approx. 20,910 Net Rentable Sq. Ft. Currently maintained at approx. 90% occupancy. FACILITY 2: 423 S Locust St 1.37 Acres +/- (Zoned B1/B3), 182 Storage Units, Approx. 20,560 Net Rentable Sq. Ft. Currently maintained at approx. 83% occupancy. Prorata 8.42% at 95% occupancy.
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Listing Snapshot
Price
$3,495,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
41,470 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.8 Acres
Year Built
2018
MLS® Number
60323268
Status
Active
Property Tax
$37,185
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
3 days ago
Listing first seen on site
General Features
Acres
2.8
Parking
GravelPaved
SqFt Total
41470
Utilities
Electricity Available
Interior Features
Cooling
ElectricHeat Pump
Heating
ElectricHeat Pump
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Exterior Features
Fencing
FencedChain LinkPerimeterElectric
Lot Features
See Remarks
Roof
Metal
Listing courtesy of Jonathan Minerick of HomeCoin.com
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