Description

6.68% Cap Rate | $153,606 T12 NOI/Temperature-Controlled Self-Storage Facilities Two-property self-storage portfolio in Huntington, WV with 167 units and 14,640 SF. The portfolio generates $268,940 in T12 revenue and $153,606 T12 NOI, with 89.2% unit and 93.6% area occupancy. 2811 3rd Ave, Huntington, WV 25702: 85 units | 6,147 SF | 82.4% occupied | Primarily heated interior storage with 14 vacant units providing immediate lease-up upside. 630 8th Ave, Huntington, WV 25701: 82 units | 8,493 SF | 96.3% occupied | Temperature-controlled storage plus 4 apartments and office space. ADDITIONAL 2-PROPERTY PORTFOLIO AVAILABLE The same seller is also offering a two-property self-storage portfolio in Cross Lanes, WV, approximately 45 minutes away: 5158 Big Tyler Rd, Cross Lanes, WV 25313 53 Mini Storage Dr, Cross Lanes, WV 25313 Interested buyers can inquire about purchasing the Huntington portfolio, Cross Lanes portfolio, or potentially all four properties. LISTED BY: Brian Brockman – Broker | Bang Realty, Inc. WV License #WVB200300608 brian@bangrealty.com OUT-OF-STATE MARKETING AGENT: Danielle Moore | Realty Executives Showcase Commercial 586.354.4433 West Virginia showings, offers, negotiations, and other brokerage activities are conducted through Brian Brockman and Bang Reatly Inc.