IncaAztec Self Storage Two Property Portfolio — Sale in Charleston, WV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Charleston, WV 25309
  • Year built: 1996

Photos

IncaAztec Self Storage Two Property Portfolio — Sale in Charleston, WV, photo 1 of 2
IncaAztec Self Storage Two Property Portfolio — Sale in Charleston, WV, photo 2 of 2

Investment Figures

Cap rate
7.01%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer for sale the IncaAztec Self Storage Two Property Portfolio located in Charleston, West Virginia. The two sites are approximately nine miles apart. There is a mix of climate-controlled units, non-climate-controlled units, lockers, one warehouse, and parking spaces that all total 154,142 net rentable square feet. The owners have recently completed a lot of improvements at the sites and there is an opportunity to tighten up the payroll with fewer managers as well. Investment Highlights: • Charleston, West Virginia MSA Two Property Self-Storage Portfolio • Combined 154,142 Net Rentable Square Feet • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Lockers, One Warehouse, and Parking Spaces • Facilities are Located Approximately Nine Miles Apart • Currently Managed by 1.5 Employees per Site; Opportunity to Transition to Part-Time On-Site Management Given Strong Occupancy

Market Context

This commercial property in Charleston, WV is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 1996. Compare it against other commercial property listings for sale in Charleston, WV — view the full market.

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