Top Lock Self Storage (Winnsobor & Lugoff) Portfolio — Sale in Winnsboro, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Winnsboro, SC 29180

Photos

Top Lock Self Storage (Winnsobor & Lugoff) Portfolio — Sale in Winnsboro, SC, photo 1 of 2
Top Lock Self Storage (Winnsobor & Lugoff) Portfolio — Sale in Winnsboro, SC, photo 2 of 2

Investment Figures

Cap rate
6.24%

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

Combined 367 units and 34,000+ NRSF across Lugoff and Winnsboro, South Carolina which are about 30 miles apart. The portfolio physical occupancy of around 72 percent provides immediate revenue growth potential with a day one 6.3 percent all cash return, and a path to enhanced performance through stabilization. Investment Highlights: • Lugoff fronts Main Street near Highway 601, benefiting from strong traffic counts of 13,958 vehicles per day. Winnsboro fronts US Highway 321 Bypass near Monjicono Road with 2,443 vehicles per day. • This offering is part of the Storage Plus and Top Lock Storage 5 State - 25 Property Portfolio, but can be purchased individually. • Achieving $0.87 rents within 24 months supports a projected 8.5 percent pro forma cap rate.

Market Context

This commercial property in Winnsboro, SC is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing commercial property assets. Compare it against other commercial property listings for sale in Winnsboro, SC — view the full market.

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