$ 1,875,000
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$1,875,000
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About the Listing IRONVLYK1 - 3291596,12345
***Seller is willing to seller finance.*** (Terms up to 1mm at 5-5.5% interest) 180-unit self storage facility located on a corner lot in the heart of Dallastown, PA. D-town Mini Storage is uniquely positioned due to its pre-existing non-conforming status. No other storage facilities can be built in this area without a special exception. 31,498 total square feet. Being sold at a 7.7% cap rate based on actual numbers. 98% occupancy. Value add opportunities include under market rents, renting empty units, and renting or building out 4,000 sq ft second floor into more storage units. D-town Mini Storage typically has the lowest rents in town. The seller, a mobile home park operator, is divesting from his only self storage facility, creating an ideal opportunity for a skilled operator to maximize the property’s potential. There is significant room for revenue growth and increased property value. Recent capital improvements include newly blacktopped roads ($90K) and keyless entry ($20k). Both completed in 2022. Included in the sale are: website, security cameras, keyless entry security system and elevator shaft connecting the ground to the second floor. Financials, property survey, and clean environmental phase 1 report, available upon request. Contact us today for more information!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: Residential Town district / pre existing nonconforming use
- Roof: Shingle
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $9,667
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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112 S Walnut St Dallastown, PA 17313
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