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Creekside Self Storage Portfolio 2 Specialty Properties Offered at $5,260,827 CAD in Germanton, NC
Investment Highlights
- Strong Average Household Income of $71,290 Within Five Miles of the Property
- The Winston-Salem MSA is the Fourth Largest in the State of North Carolina and is Home to 695,630 Residents
- Germanton, North Carolina, is a Small Town Located Just North of Winston-Salem in Stokes County, Which is Home to 45,532 Residents
- Opportunity to Increase Revenue Through Lease Up & Stabilization, Maximizing Fee Income, and the Implementation of Tenant Insurance Sales
Executive Summary
• Value-Add Self-Storage Facility Featuring a 29,800 NRSF Expansion That Was Completed in 2024 and is Currently in Lease Up
• Facility is Comprised of 7,800 NRSF of Climate-Control Units, 34,600 NRSF of Non-Climate Units, and 11 Outdoor Parking Rentals Spread Across Two Locations ~0.25 Apart
• Extremely Limited Competition in the Immediate Area Evidenced by a Saturation Rate of 2.0 SF/Capita Within Five Miles of the Property
• The Newer Facility Sits on a 6.74-Acre Parcel With Ample Room For Future Expansion and/or the Further Implementation of Outdoor Parking Rentals
• Opportunity to Increase Revenue Through Lease Up & Stabilization, Maximizing Fee Income, and the Implementation of Tenant Insurance Sales
• Strong Average Household Income of $71,290 Within Five Miles of the Property
• Germanton, North Carolina, is a Small Town Located Just North of Winston-Salem in Stokes County, Which is Home to 45,532 Residents
• Facility is Comprised of 7,800 NRSF of Climate-Control Units, 34,600 NRSF of Non-Climate Units, and 11 Outdoor Parking Rentals Spread Across Two Locations ~0.25 Apart
• Extremely Limited Competition in the Immediate Area Evidenced by a Saturation Rate of 2.0 SF/Capita Within Five Miles of the Property
• The Newer Facility Sits on a 6.74-Acre Parcel With Ample Room For Future Expansion and/or the Further Implementation of Outdoor Parking Rentals
• Opportunity to Increase Revenue Through Lease Up & Stabilization, Maximizing Fee Income, and the Implementation of Tenant Insurance Sales
• Strong Average Household Income of $71,290 Within Five Miles of the Property
• Germanton, North Carolina, is a Small Town Located Just North of Winston-Salem in Stokes County, Which is Home to 45,532 Residents
Property Facts
| Price | $5,260,827 CAD | Number of Properties | 2 |
| Price / SF | $124.08 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 42,400 SF |
| Status | Active | Total Land Area | 8.69 AC |
| Price | $5,260,827 CAD |
| Price / SF | $124.08 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 42,400 SF |
| Total Land Area | 8.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3314 NC- 65, Germanton, NC 27019 | Specialty | 29,800 SF | 2024 | - |
| 3165 NC 65 Hwy W, Germanton, NC 27019 | Specialty | 12,600 SF | 2016 | - |
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Creekside Self Storage Portfolio
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