1393 US 19 Highway

 
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Acreage: 0.83

Community: Mars Hill in Madison County

Acreage: 0.83

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You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

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If You Have Any Other Questions, Call Us At 1(888)-247-3466

Rare Value-Add Storage Investment Opportunity – 36 Units + Manager’s Trailer – $399,900 Don’t miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15,000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager’s office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!

Listed by Keller Williams - Weaverville
Attribution: [email protected]
Original Listing Price: 399,900
MLS #: ‍4271109
Listing Status: Active
Days on Market: 49
Buying Firm Commission: Test

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Property Features

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Basement/Foundation: Slab
Year Built: 1992
Roof: Metal
Lot Description: Level
Floors: Concrete
Water: Shared Well
Garage/Carport: Shared Driveway
Sewer: Septic Installed
Heating/Cooling: Ductless,Office Only
Cooling: Ductless,Office Only

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