For Sale
$299,000

135 Horner StHenderson, NC 27536

High-yield storage, below appraised value.

Overview

Added:
Feb 3
Days on market:
63
This exceptional investment opportunity presents a well-located storage facility in downtown Henderson, North Carolina, situated on a 0.66-acre lot at 135 Horner Street. The facility comprises 74 individual storage units of varying sizes, currently boasting a 64% occupancy rate (47 of 74 units leased). At full capacity, the property projects a substantial monthly rental income of $5,310. This represents a significant return on investment, particularly considering the asking price is notably below the appraised value. The property's prime downtown location offers excellent visibility and accessibility, attracting a consistent stream of potential tenants. This makes it an ideal acquisition for investors seeking a stable, high-yield asset with significant upside potential. The existing tenant base provides immediate cash flow, while the substantial number of vacant units offer the opportunity to increase revenue quickly. This turnkey operation requires minimal management oversight, making it an attractive proposition for both seasoned and novice investors. The property's strong performance and below-appraised-value pricing present a compelling opportunity for immediate profit and long-term growth. Serious inquiries are encouraged.

Property Details for 135 Horner St

Property type
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Henderson
County
Vance
State
North Carolina
Latitude
36.32538
Longitude
-78.40767
135 Horner St, Henderson, North Carolina

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135 Horner St
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