3383-3385 Freys Hill Rd - River City Self Storage 35,239 SF Specialty Building Offered at $8,901,620 CAD at a 5.14% Cap Rate in Louisville, KY 40241

John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. no one comes to the Father except through Me." River City Self Storage, located at 3383 Freys Hill Rd, Louisville, KY 40241, presents an excellent investment opportunity in the vibrant Louisville/Jefferson County Metropolitan Statistical Area, which boasts a population of over 1.3 million residents. This property consists of 35,164 enclosed square feet of climate control storage divided into 329 units; as well as 2 vehicle parking spaces. Originally constructed in 1992 and later converted in 2018, River City Self Storage features a modern design with metal and steel construction, offering a durable and secure storage environment. The property comprises a single building spanning two stories, strategically situated near the intersection of Freys Hill Rd and Interstate 265, ensuring high visibility and accessibility within a bustling traffic area. With a commendable physical occupancy rate of 92%, River City Self Storage benefits from its proximity to major retail establishments and residential neighborhoods, providing a steady demand for storage services. The property also enjoys a 4.8-star customer rating on Google, reflecting its excellent service and management quality. Notable attributes of this investment opportunity include climate-controlled storage options, expansion potential, and the availability of creative financing solutions, enhancing the property's income-generating capabilities and future growth prospects. The signalized intersection nearby further enhances accessibility and exposure to potential customers. This property represents a compelling investment choice with established occupancy, favorable customer ratings, and promising expansion opportunities in a strategic location. Interested investors can explore further details about River City Self Storage and its investment potential.