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2935 Crawford Wyandot Rd - A&B Storage 16,700 SF Specialty Building Offered at $1,273,623 CAD at a 5.43% Cap Rate in Nevada, OH 44849
INVESTMENT HIGHLIGHTS
- SELLER FINANCING NOW AVAILABLE | 5% INTEREST ONLY | PRICE REDUCTION
- Attractive Location: 4.97 Net Rentable ft(²) Per Person in a 5-Mile Radius (TractIQ report)| Located along US Highway 30 with 11,041+ AADT
- Diverse Inventory: Facility includes 4 storage buildings, 2-bedroom rental home, 2-car garage, outdoor parking/storage & an income-producing billboard
- Massive Upside Potential: Unlock value through increasing occupancy, raising rates, filling 1/2 an acre of high-demand recreational/outdoor storage
- High Demand: All local recreational/outdoor storage competitors are 100% full
- Significant Upside from Outdoor Parking Lease-Up | Year 2 Assumptions: 50 Outdoor parking spaces leased | Year 2 NOI: $ | Cap Rate:
EXECUTIVE SUMMARY
SELLER FINANCING NOW AVAILABLE | 5% INTEREST ONLY
PRICE REDUCTION
Current Storage NOI: $50,183 | Current Storage Cap Rate: 5.43%
Project Year 1 NOI: $88,858 | Projected Year 1 Cap Rate: 9.61%
Projected Year 2 NOI: $116,114 | Projected Year 2 Cap Rate: 12.55%
Please contact lead agent, Jack Kaiser, for more information: JKAISER@RIPCOFL.COM / 732.742.9250
PRICE REDUCTION
Current Storage NOI: $50,183 | Current Storage Cap Rate: 5.43%
Project Year 1 NOI: $88,858 | Projected Year 1 Cap Rate: 9.61%
Projected Year 2 NOI: $116,114 | Projected Year 2 Cap Rate: 12.55%
Please contact lead agent, Jack Kaiser, for more information: JKAISER@RIPCOFL.COM / 732.742.9250
PROPERTY FACTS
| Price | $1,273,623 CAD | Building Class | B |
| Price Per SF | $76.26 CAD | Lot Size | 3.53 AC |
| Sale Type | Investment | Building Size | 16,700 SF |
| Cap Rate | 5.43% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2003/2024 |
| Property Subtype | Self-Storage |
| Price | $1,273,623 CAD |
| Price Per SF | $76.26 CAD |
| Sale Type | Investment |
| Cap Rate | 5.43% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.53 AC |
| Building Size | 16,700 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2003/2024 |
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PROPERTY TAXES
| Parcel Number | 37-0010676.003 | Improvements Assessment | $146,198 CAD |
| Land Assessment | $16,220 CAD | Total Assessment | $162,418 CAD |
PROPERTY TAXES
Parcel Number
37-0010676.003
Land Assessment
$16,220 CAD
Improvements Assessment
$146,198 CAD
Total Assessment
$162,418 CAD
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2935 Crawford Wyandot Rd - A&B Storage
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