38 Creekside Cir, Hayesville, NC 28904
23,581 SF Specialty Building Offered at $1,600,000 at a 5.60% Cap Rate in Hayesville, NC 28904
For Sale
Active
Asking Price $1,600,000
- Property Type
-
Specialty
- Square Feet
- 23,581 SF
- Price / Square Foot
- $68
Listing Contacts
Zachary Tryon
Austin McLeod
Property Overview
188 Units of Self Storage
Property Details
- Class
- C
- Year Built
- 1986
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 118,919 SF
Highlights
- High-yielding opportunity with potential double digit cap rates upon stabilization
- Significantly below market rents, with at least 30%+ upside on non-climate rents
- Very limited amount of climate controlled supply in this market – this property is one of only two locations with climate units in the trade area
- Near replacement cost offering at $67.85 per rentable foot
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