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Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 41817.6
Square Footage 11,424 sqft
Price per Sqft $52
MLS Listing ID 20220633
Sold Date 02/24/23
Year Built 1985
Lot Size 0.960 Acres
Property Sub-Type Commercial
Property Description
Cash flowing, turn-key, 112 unit self-storage facility on very busy Hwy 1 South near Hwy 601 intersection in Lugoff, SC. Offered alone at a 6% cap rate, or as part of 412 unit self-storage portfolio (250 units in Winnsboro, SC separately listed at MLS#20220500 and 50 units in Bishopville, SC separately listed at MLS#20220501). This property also has a 1,000 sq. ft. retail building that seller wishes to lease back (as he also will lease back the retail buildings on the other two properties if new owner desires). Immediate opportunity to raise rents that have not been raised in decades, and to increase management efficiency and occupancy with a website. Owner financing may be available. Please contact Bill Tuck at (843)260-6915 or williamtuck@icloud.com for a detailed, confidential Offering Memorandum. Property viewed by appointment only (this is an ongoing business).
Location
State SC
County Other
Area Other
Interior
Fireplace No
Building
Lot Description Other
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Bought with Greystone Properties, LLC