Holly Hill Self Storage

Investment Summary

  • Upside Potential to Convert Indoor Non-Climate Units to Climate Controlled Units, Increase those Rates by 32 Percent
  • Ability to Increase Rental Rates on Current Units by 5 Percent to Reach Market Levels
  • Opportunity to Implement a Tenant Insurance Program to Further Generate Income
  • Facility Can be Expanded by at Least Two Stories
  • No New Self-Storage Developments Planned Within a Three-Mile Radius, Allowing for the Facility to Operate with Market Dominance
  • Very Strong Supply Numbers of 2.64 NRSF Per Person in a Three-Mile Radius
  • Above Average Median Household Income at $109,091 in a Five-Mile Radius
  • Dense Market with 326,026 People in a Five-Mile Radius
  • New North Hill Multifamily Development with 279 Multifamily Homes and 195 Townhouses Under Construction Across the Street

Net Rentable Square Feet
51,280 NRSF
Lot Size

2.79

Unit Count
544
Year Built
2001

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