
Description
50 UNIT EXPANSION BEING DELIVERED FEBRUARY 7th!13-unit site with 50 steel portable units to be delivered February 7th for a total of 63 units on site. With 63 units a billboard lease and a retail ground lease the proforma of the property is $62,652 NOI upon full lease-up a 8.35% proforma cap rate.Unit Mix and Pricing-3- 5x10- $6932-10x10-$9924-10x12-$1093-10x15- $1151- 10x20- $14763 Total UnitsProforma FinancialsSelf Storage- $77,736.00 AnnualRetail Ground Lease- $1800.00 AnnuallyBillboard Lease- $4000.00 Annually$83,536.00 Annual Gross Potential IncomeSEE OM FOR FULL FINANCIALSDISCLAIMER: SELF-STORAGE INCOME, EXPENSE FINANCIALS ANDSQUARE FOOTAGE WITHIN ARE BASED ON PROFORMAEVALUATION!The property is located in the desirable Rt. 11/15 Corridor with an annual average dailytraffic count of 19,000 vehicles per day according to PennDOT. Theproperty is a great owner/user opportunity and also gives investors theopportunity to purchase at a significant discount with a huge value addopportunity through strategic expansion. Working to improve boat and vehiclestorage within fenced areas as well is a great value add to the property.Duncannon PA Self Storage Development Opportunity is a securewarehouse storage facility offered for $750,000.00. Duncannon PA SelfStorage Development Opportunity is perfectly positioned with directaccess to the Harrisburg MSA within minutes and 1 mile of Susquehanna river frontage and PA DCNR-approved boat launch.
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0BEDS
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4.79ACRES
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0BATHS
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01/2 BATHS
Description
50 UNIT EXPANSION BEING DELIVERED FEBRUARY 7th!13-unit site with 50 steel portable units to be delivered February 7th for a total of 63 units on site. With 63 units a billboard lease and a retail ground lease the proforma of the property is $62,652 NOI upon full lease-up a 8.35% proforma cap rate.Unit Mix and Pricing-3- 5x10- $6932-10x10-$9924-10x12-$1093-10x15- $1151- 10x20- $14763 Total UnitsProforma FinancialsSelf Storage- $77,736.00 AnnualRetail Ground Lease- $1800.00 AnnuallyBillboard Lease- $4000.00 Annually$83,536.00 Annual Gross Potential IncomeSEE OM FOR FULL FINANCIALSDISCLAIMER: SELF-STORAGE INCOME, EXPENSE FINANCIALS ANDSQUARE FOOTAGE WITHIN ARE BASED ON PROFORMAEVALUATION!The property is located in the desirable Rt. 11/15 Corridor with an annual average dailytraffic count of 19,000 vehicles per day according to PennDOT. Theproperty is a great owner/user opportunity and also gives investors theopportunity to purchase at a significant discount with a huge value addopportunity through strategic expansion. Working to improve boat and vehiclestorage within fenced areas as well is a great value add to the property.Duncannon PA Self Storage Development Opportunity is a securewarehouse storage facility offered for $750,000.00. Duncannon PA SelfStorage Development Opportunity is perfectly positioned with directaccess to the Harrisburg MSA within minutes and 1 mile of Susquehanna river frontage and PA DCNR-approved boat launch.
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