For Sale
$749,000

5689 State Hwy McKee, KY 40447

Established Self Storage Business, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
137
This fully operational self-storage business in McKee, KY, presents a compelling investment opportunity. Boasting a 98% occupancy rate and a strong NOI of $41,520, this property offers significant potential for growth. The 7-7.37 acre lot features six buildings totaling 364,597 square feet, including a 12,656 square foot net rentable area housing 56 units of varying sizes (4 - 8'x9'

Highlights

  • Fully operational self-storage facility in McKee, KY, offering strong investment potential.
  • 98% occupancy rate and $41,520 Net Operating Income (NOI).
  • 7-7.37 acre lot with six buildings totaling 364,597 square feet.
  • 56 self-storage units ranging in size (4x8' to 8x9').

Property Details for 5689 State Hwy

Property type
Self storage facilities
Square Feet
364,597 SF
Year Built/Renovated
1979/2018
Buildings
6
Stories
1
Lot Size (sq. ft)
304,920 SF
Units
56

Location Insight

City
McKee
County
Jackson
State
Kentucky
Latitude
37.361207627081
Longitude
-83.975079898192

FAQs

What type of property is this?
Self storage facility - Established Self Storage Business, High Occupancy
Where is the self storage facility located?
The property is located at 5689 State Hwy McKee, KY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Fully operational self-storage facility in McKee, KY, offering strong investment potential.; 98% occupancy rate and $41,520 Net Operating Income (NOI).; 7-7.37 acre lot with six buildings totaling 364,597 square feet.
How can I contact the broker?
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5689 State Hwy
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