Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1906
Sq.Footage
N/A
***Seller is willing to seller finance.*** (Terms up to 1mm at 5-5.5% interest) 180-unit self storage facility located on a corner lot in the heart of Dallastown, PA. D-town Mini Storage is uniquely positioned due to its pre-existing non-conforming status. No other storage facilities can be built in this area without a special exception. 31,498 total square feet. Being sold at a 7.7% cap rate based on actual numbers. 98% occupancy. Value add opportunities include under market rents, renting empty units, and renting or building out 4,000 sq ft second floor into more storage units. D-town Mini Storage typically has the lowest rents in town. The seller, a mobile home park operator, is divesting from his only self storage facility, creating an ideal opportunity for a skilled operator to maximize the property’s potential. There is significant room for revenue growth and increased property value. Recent capital improvements include newly blacktopped roads ($90K) and keyless entry ($20k). Both completed in 2022. Included in the sale are: website, security cameras, keyless entry security system and elevator shaft connecting the ground to the second floor. Financials, property survey, and clean environmental phase 1 report, available upon request. Contact us today for more information!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.33
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,995,000
-
Tax Amount
9667.0
-
Zoning
Residential Town district / pre existing nonconforming use
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
YORK
Elementary School
Middle School
High School
Listing Courtesy of Brittani Snyder , Iron Valley Real Estate of York County
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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