Hampton County Storage Portfolio 1 Specialty Properties Offered at $1,045,421 CAD in Yemassee, SC

Full marketing brochure can be found here: https://drive.google.com/file/d/1LZrSLNuetVpKgIko-OtI8z_hpKJaplA-/view?usp=drive_link
The Hampton County Storage portfolio includes 2 properties, both of which are located within ~20 miles of one another in the respective towns of Hampton and Yemassee, which lie in Hampton County, South Carolina. There are a combined 120 units across 13,400 NRSF, with some expansion potential.
Both properties contain a long-term billboard lease, which contributes some additional annual revenue. At the Yemassee location, some of the buildings lie on property owned by the CSX Railroad Company, so the owner has an annual license agreement to continue leasing units in these buildings. An annual fee is paid to CSX.
Physical occupancy is north of 75% at both locations, however investors can look to boost physical & economic occupancy moving forward through a greater emphasis on advertising. There is no tenant insurance program offered at these locations, so this could present an opportunity to generate ancillary revenue.
Together, this would be a good investment for investors looking to ease their way into the self-storage industry or those looking to grow their portfolio. The portfolio’s price point at $57.84 per sf and upside make for an intriguing package.
If desired, please fill out the confidentiality agreement using the following link in order to view financials and the CSX license agreement contained within Google Drive: https://docs.google.com/forms/d/e/1FAIpQLSeXMfX8VzCMPzRmlNAZcFk0uHc7XVS57EHwRi4RULBh1UlV0Q/viewform?usp=header
Other information can be publicly accessed, including photos and plats, so please use the ensuing Google Drive link:
https://drive.google.com/drive/folders/1aCcKlRGzslw_8aXdVuPYHU3b1K8_YMn-?usp=drive_link
DISCLAIMER:
*This information is reliable and not guaranteed. Buyer’s responsibility to verify all information.