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400 Mccotter BlvdHavelock, NC 28532

1,526 Units, High Occupancy, NC

Overview

Added:
Dec 11, 2024
Days on market:
117
This stabilized self-storage facility in Havelock, North Carolina, presents a compelling investment opportunity. The property boasts 1,526 units totaling 191,469 net rentable square feet, offering a mix of ground-level drive-up and climate-controlled interior storage spaces. Currently operating at 78.1% occupancy as of September 30, 2024, the facility benefits from a prime location near Marine Corps Air Station Cherry Point, supporting a robust local economy and a consistent demand for storage solutions. The 12.3-acre lot provides ample space. Convenient amenities include on-site dollies and handcarts, month-to-month leases, and the availability of boxes and supplies for purchase, along with online reservations and bill pay. The property's strategic location near Interstate 70 ensures easy accessibility for customers in surrounding areas. The Havelock area is experiencing significant growth, further enhancing the property's long-term potential. This investment offers attractive pricing and the potential to increase income through supplemental streams such as tenant insurance and merchandise sales. The proximity to Cherry Plaza Shopping Center and Atlantic Beach adds to the area's appeal. Future infrastructure upgrades and commercial expansions are expected to further boost Havelock's economic performance, making this a strong investment with promising returns.

Highlights

  • Prime location near Marine Corps Air Station Cherry Point, serving a population exceeding 53,000.
  • Potential for increased revenue through ancillary income streams like tenant insurance and merchandise sales.
  • Offered at or below replacement cost.
  • Convenient I-70 access for easy customer accessibility.

Property Details for 400 Mccotter Blvd

Property type
Self storage facilities
Square Feet
191,469 SF
Lot Size (sq. ft)
535,788 SF
Units
1526

Location Insight

City
Havelock
County
Craven
State
North Carolina
Latitude
34.8623142
Longitude
-76.8888585
400 Mccotter Blvd, Havelock, North Carolina

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400 Mccotter Blvd
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