The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of the 4-Property Self-Storage Portfolio located in Roanoke Rapids, NC.
The acquisition of these 4 properties will provide an investor the ability to instantly gain scale in the community, the ability to continue to grow the income as well as the opportunity to easily manage the overall business from one central point.
All locations are well-established, cash flowing, and all within a few minutes’ drive of each other. Built between 1994 and 2020, this opportunity provides 28,995 total rentable square feet that are currently 99% physically occupied, across 287 total units among four total locations throughout town. All locations are securely fenced and 3 of the 4 provide 24/7 video surveillance.
Located along the Roanoke River in Halifax County, Roanoke Rapids, NC, and the surrounding area is a hotbed for outdoor activities. Museums, golf, recreational lake activities, and wine tasting are just a few area attractions that make Roanoke Rapids a desirable place to live and visit. Roanoke Rapids benefits from easy access to Interstate 95 and boasts rising per capita income levels as well as a steady population base.
In summary, this sale presents a unique opportunity to acquire a well-known, well-established self-storage business in a market with no new incoming self-storage development projects.