173 Unit Storage Portfolio Western West Virginia

West Virginia
173 Unit Storage Portfolio Western West Virginia
Off Market
Property Details

Asking Price
2,300,000
Net Operating Income
162,500
Square Feet
16,149 sq ft
Units
173
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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

Contact Information

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