Exclusively Listed By: JDS Real Estate Services, Inc

Agent: Stanley Stein, JDS Real Estate Services Inc OH:151910

Co-Broker: EquiCap Commercial, IL#48.1012379

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UNDER CONTRACT

Toledo Self Storage

Toledo, Ohio

DEAL SUMMARY

List Price: $2,850,000

NRSF:       38,000

Units:        380

                 240 Non-Climate Controlled, Inside

                  54 Non-Climate Controlled, Drive-up

                  28 Climate Controlled

                  57 Paved Parking Spaces

                   1  20 x 20 Garage Space

Acres:       11.63

 

INVESTMENT HIGHLIGHTS

  • Originally constructed as lumber yard and sales center, converted to self storage use in 2017 with raw land to expand

  • Well located along busy Telegraph Rd on the city's north side - Telegraph Rd in excess of 13,000 vehicle per day

  • Strong income growth trending

  • Amenities of typical B class facility both inside and out with well-pronounced leasing office, wrought iron fencing, digital access controlled gates, video surveillance and large sign visible from Telegraph Rd

Price: $2,850,000