Just Closed

CLERMONT SELF STORAGE

Cape May Court House, NJ

DEAL SUMMARY

List Price:       $1,650,000

NRSF:              38,780

Units:              292

Income:          $234,684 (57% Economic)

Expenses:      $127,938

NOI:                $106,746

INVESTMENT HIGHLIGHTS 

• Currently 53 Percent Physically Occupied

• Year 2 Cap Rate 9.28 Percent

• Year 2 Cash On Cash Return Over 15 percent

• Professional 3rd Party Management in Place 

• Offered at Near Replacemwent Cost

Marcus & Millichap

(Broker of Record)

Get in Touch

630.696.7281

Jesse@EquiCapCommercial.com

EquiCap Commercial 

1001 E. Main Street  Unit E

St. Charles, IL 60174

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