Rare Value-Add Storage Investment Opportunity - 36 Units + Manager's Trailer - $399,900
Don't miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15,000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager's office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!
Property Type(s):
Commercial
|
Year Built
|
1992
|
County
|
Madison
|
Additional Details
| AIR |
Ductless |
| AIR CONDITIONING |
Yes |
| HEAT |
Ductless |
| LOT |
0.83 acre(s) |
| LOT DESCRIPTION |
Level |
| MLS STATUS |
Active |
| PARKING |
Shared Driveway |
| SEWER |
Septic Tank |
| UTILITIES |
Electricity Connected |
| WATER |
Shared Well |
Location
Listed with Keller Williams - Weaverville
Date last updated: 8/5/25 11:03 PM PDT
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