173 Unit Storage Portfolio Western West Virginia
West Virginia
Property Details
2,300,000
162,500
16,149 sq ft
173
Description
Two heated self-storage facilities in Western West Virginia have just been added to our internal list. This portfolio features strong in-place income, diversified revenue streams, and clear upside through lease-up and operational optimization. Portfolio Offering – Offered at $2.3M 1st Storage – Western WV 86 units | 87% roughly occupied | Heated / interior units NOI: $126,919 Total Revenue: $188,315 Expenses: $61,396 (includes $13,000 in manangent fees some paid to ownership to manage) Diverse income streams: Storage, office/retail, apartments Why it’s attractive: High occupancy, multiple revenue channels, and strong T12 NOI with modest OpEx. 2nd Storage – Western WV 87 units | 87% occupied | Heated interior units NOI: $38,581 Total Revenue: $76,094 Expenses: $37,512 Economic Occ.: 81–96% (Jan–Sep 2025) Why it’s attractive: Lower occupancy = immediate rent-up upside, solid rent comps, and clean interior climate-controlled product. PORTFOLIO SUMMARY Total Building Size: 16,149 SF • 1st Facility: 10,000 SF • 2nd Facility: 6,149 SF Total NOI: $162,500
Location
West Virginia
