State-of-the-art self-storage opportunity in the center of the fast-growing southeast quadrant of Sussex County--hundreds of building lots approved within 5 miles of the site! Constructed in 2017, 260-unit storage facility encompasses 10 buildings with two additional buildings approved and shovel-ready for construction. Includes a separate adjoining parcel with rental office/residence, all situated on a total of 4 +/- acres. Majority of units are climate controlled with non-climate controlled units along with outdoor Boat and RV storage area. Unit sizes are 5 x 5, 5 x 10, 10 x 10 and 10 x 15. Property features electronic gate access and a 24-hour, sensor-sensitive video surveillance system. Storage Facility Service Area: Frankford, Fenwick Island, Selbyville, Bethany Beach, Dagsboro, Ocean View, Millville, Millsboro, Roxana in Delaware as well as Berlin, Bishopville, Ocean City & Ocean Pines in Maryland.Stabilized rental history with solid NOI~ideal 1031 Exchange property~approved site plans for expansion of self-storage and office/residence parcel~all zoned CR-1, a valuable broad commercial zoning classification that is now closed. Financial data available with a Non- Disclosure Agreement signed by the prospective buyer.
|DAYS ON MARKET||45||LAST UPDATED||2/19/2020|
|School District||INDIAN RIVER|
|CONSTRUCTION||Block, Metal Siding|
|HEAT||Heat Pump - Electric BackUp|
|LOT DIMENSIONS||0.00 x 0.00|
TOTAL MONTHLY PAYMENT
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2020 Sussex County Association of REALTORS®, Inc.
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