Cushman & Wakefield | Commercial Kentucky
333 E Main St Ste 510
Louisville, KY, 40202 | USA
Phone: 502.589.5150 | Fax: 502.589.9248
Sale Price: | $4,000,000 |
Cap Rate: | N/A |
NOI: | N/A |
Building Size: | 38,920 SF |
Lot Size: | 2.120 acres |
Please contact broker for pricing information. Portfolio includes two self-storage properties with a total of 548 units and 73,300 square feet (1510 Crums Lane= 38,920. 8204 National Turnpike= 34,380). The Self-Storage Facilities are located in separate trade areas, yet relatively close in distance and drive-time. Each property serves its trade area and offers affordable storage for residential and commercial users. The properties sit on major traffic arteries and enjoy good visibility from the roads. This offering represents a rare opportunity to acquire a portfolio of self-storage properties in Louisville. There are opportunities to increase rents and occupancy and to develop additional rentable square footage. A buyer/investor will have immediate scale in the Louisville market or can add to their existing portfolio. The Portfolio of Properties is offered free and clear of any existing debt, allowing potential buyer/investors to take advantage of the attractive current capital markets environment.
Property Sale | |
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Sale Price | $4,000,000 |
Building SF | 38,920 |
Agents |
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Brent Dolen |
Sam English |