For sale is a well-maintained 118-unit self-storage facility located in Waco, Ohio, offering a solid 6.5% cap rate. The facility includes over 14,000 square feet across four buildings and is currently 90% occupied. It s conveniently located just minutes from State Route 30, with two access drives including one directly on State Route 43 providing excellent visibility and ease of access. The property offers a variety of unit sizes to meet diverse customer needs, including 3 units of 10x30, 1 unit of 10x25, 17 units of 10x20, 31 units of 10x15, 28 units of 10x10, and 38 units of 6x8. Each unit is equipped with electric service and automatic shut-off, ensuring convenience and safety for tenants. The facility consistently generates rental income, with current rates still below market, presenting an opportunity for future growth. The buildings are in excellent condition and require minimal upkeep, making this a truly turnkey investment.
The property also features security lighting and wide drive aisles suitable for large vehicles or moving trucks, adding to its appeal for a wide range of customers. With stable occupancy, minimal maintenance needs, and a growing local population, the property is well-positioned in an area that continues to see increased residential and commercial activity. This is a rare opportunity to acquire a high-performing asset in a strong and expanding market.
Financial information is available upon request. Please reach out to schedule a private showing or for additional details.
- Age: 21-30 Years Old
- Architecture Style: Other
- Cooling System: None
- Legal Description: 3,4,5,6,7,8,9,10 WH EA KRIDER'S WACO ALLT
- MLSID: 5114360
- Roof Type: Shingle