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558 W Ingham Ave - 347 Units 49,642 SF Specialty Building Offered at $11,865,320 CAD in Ewing Township, NJ 08638
INVESTMENT HIGHLIGHTS
- Recent conversion opened in mid-2023 • Densely populated area: 152,541 in 3-Miles • Value Add – Store rents are $10/SF below stabilized market rents
- High percentage of renter occupied housing: 54% • Located 1.5 miles from Trenton, NJ city center • 34 Miles to Philadelphia | 70 Miles to NYC
- Owner has installed a new state-of-the-art Fully Sprinklered Fire Suppression and Life Safety Recall System • New electrical systems thru out
- 22,328 SF expansion opportunity on 3rd Floor and Lower Level • Cell Tower Income • Underserved market with strong demand for self-storage: 3.39 SF/Cap
- Owner Renovation includes all new roof, HVAC, elevator, dock, ramps, walkways, leasing office, windows, doors, exterior skin/façade, parking lot
- 70% of the 3-mile submarket square footage is REIT owned • 100% Climate Control facility
PROPERTY FACTS
| Price | $11,865,320 CAD | Building Class | B |
| Price Per SF | $239.02 CAD | Lot Size | 1.05 AC |
| Sale Type | Investment | Building Size | 49,642 SF |
| Property Type | Specialty | No. Stories | 4 |
| Property Subtype | Self-Storage | Year Built/Renovated | 1920/2023 |
| Zoning | IP-3 | ||
| Price | $11,865,320 CAD |
| Price Per SF | $239.02 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.05 AC |
| Building Size | 49,642 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1920/2023 |
| Zoning | IP-3 |
AMENITIES
- Air Conditioning
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Walk Score®
Very Walkable (70)
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558 W Ingham Ave - 347 Units
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