Pelham Road Self Storage

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Deal Highlights

Pelham Road Self Storage is a facility located in Greenville, SC. Own this self-storage property situated on 1.68 acres of land, with 63,525 net rentable square feet and 583 total units.

  • Class-A Facility in its Lease-Up Phase
  • Ability to Maximize Revenue by Raising Rental Rates to the Market Average Upon Lease-Up Stabilization
  • Moratorium on Storage Rental Rate Increases Lifted
  • Physical Occupancy Increase of 37% In the Past 12 Months
  • High-End Multifamily Development on Adjacent Property
  • Favorable Population Growth of 1.52% in the Five-Mile Radius
  • Strong Population Density in the Five-Mile Radius at 176,761 Individuals

Address

345 Pelham Road, Greenville, SC 29615

Price

TBD by Market

Pro Forma NOI

$719,245

Net Rentable Square Feet
63,525 NRSF
Lot Size

1.682

Unit Count
583
Year Built
2019
Status

Active

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