For Sale
$849,900

6782 Lincoln HwyThomasville, PA 17364

Pennsylvania Self Storage Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a brand-new, 36-unit self-storage facility located at 6782 Lincoln Highway in Thomasville, Pennsylvania, 17364. Built in 2024, this 5,800 square foot facility boasts a strong pro-forma NOI of $48,900, translating to a 5.75% cap rate. Each unit commands a price of $23,608.33, with an overall asking price of $849,900 ($146.53 per square foot). The property features pull-up access, solid concrete footers and flooring, and exterior electric and lighting. The facility is zoned for commercial use. Projected annual income is $61,500, with estimated annual expenses (taxes, management, insurance) totaling $12,650. This represents a unique opportunity in a convenient, hometown location, offering a potentially maintenance-free investment with a dependable return. The property is currently under construction, and the price reflects a pre-finish contract/settlement. Note that potential eligibility for accelerated depreciation should be verified with a tax advisor. This is a truly one-of-a-kind opportunity.

Property Details for 6782 Lincoln Hwy

Property type
Self storage facilities
Square Feet
5,800 SF
Year Built
2024
Units
36

Location Insight

City
Thomasville
County
York
State
Pennsylvania
Latitude
39.9186011
Longitude
-76.9073584
6782 Lincoln Hwy, Thomasville, Pennsylvania

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6782 Lincoln Hwy
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