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1295 Lakeland Ave Bohemia, NY 11716

High-ROI Self Storage Investment

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a brand-new, state-of-the-art, climate-controlled self-storage facility currently under construction in Bohemia, New York. Located on a 2.59-acre lot at 1295 Lakeland Ave, 11716, this property boasts 87,155 square feet of net rentable space distributed across four buildings. Its strategic location offers easy access to major roadways, including the Long Island Expressway and Sunrise Highway (Route 27), ensuring high visibility and convenient access for customers. The facility is designed to capitalize on the consistently strong demand for self-storage units, providing investors with a resilient and high-profit potential asset. With a current NOI of $1,734,901.20 and a projected 6% cap rate, this property represents a compelling investment opportunity in a thriving market. The self-storage sector is known for its recession-resistant characteristics, generating regular income streams with minimal management requirements. Built in 2022, this facility offers modern amenities and is poised to deliver significant returns. The property's size and location within Suffolk County, NY, make it an ideal investment for those seeking a stable and lucrative addition to their portfolio. This is a rare chance to acquire a newly constructed, high-performing self-storage facility in a prime location.

Highlights

  • 87,155 square foot self-storage facility.
  • Located on a 2.59-acre lot in Bohemia, NY.
  • Features four buildings and a Net Operating Income (NOI) of $1,734,901.20.
  • Year built: 2022.
  • Currently under construction; climate-controlled units.

Property Details for 1295 Lakeland Ave

Property type
Self storage facilities
Square Feet
87,155 SF
Year Built
2022
Buildings
4
Lot Size (sq. ft)
112,820 SF

Location Insight

City
Bohemia
County
Suffolk
State
New York
Latitude
40.7752195
Longitude
-73.1069068

FAQs

What type of property is this?
Self storage facility - High-ROI Self Storage Investment
Where is the self storage facility located?
The property is located at 1295 Lakeland Ave Bohemia, NY.
What are key features of this property?
This property features: 87,155 square foot self-storage facility.; Located on a 2.59-acre lot in Bohemia, NY.; Features four buildings and a Net Operating Income (NOI) of $1,734,901.20.
How can I contact the broker?
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1295 Lakeland Ave
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