Urow Real Estate

Affordable Self Storage

3751 Fredericksburg Rd, Wooster, OH 44691

Affordable Self Storage
Closed

Overview

This is an exclusive opportunity to acquire Affordable Self Storage, a 17,500 NRSF facility, featuring 103 drive-up non climate controlled units in total. Affordable Self Storage offers a plethora of different unit sizes to fit a variety of different client needs.

Property Details

Property Type
Self-Storage
Availability
Recently Sold
NRSF
17,500
Units
103
Year Built
2023

Highlights

  • Solid Demographics: Average Household Income of $79,748 Within a 3- Mile Radius and $78,842 Within a 5-Mile Radius.
  • Strong Occupancy: 92.2% Physical Occupancy and 76.0% Economic Occupancy, With Current Rates 17%-38% Below Market Rental Rates.
  • Expansion Opportunity: Proposed Plans to Add 100 Additional Units Totaling 17,500 NRSF.
  • Limited Supply: Supply Stands at 3.88 NRSF Per Capita Within a 3- Mile Radius, and 5.28 NRSF Per Capita Within a 5- Mile Radius of the Property.

Location

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No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.

Affordable Self Storage | Urow Real Estate