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991 Mdws Mem BlvdBeckley, WV 25801

High-Yield Self Storage Investment

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity comprises a six-building, 85,260-square-foot self-storage portfolio located in Beckley and Ronceverte, West Virginia. Constructed in 2023/2024, this fee-simple portfolio boasts 735 units across two-story buildings situated on a combined 8.52 acres. The properties enjoy prime locations directly off major thoroughfares with high traffic counts, ensuring strong visibility and accessibility. Notably, there are no competing self-storage developments planned or under construction within a five-mile radius of either facility. This presents a unique opportunity to acquire a Class A & B institutional-quality product in markets exhibiting a robust physical lease-up trajectory. The portfolio projects a pro-forma NOI of $1,207,250, making it an attractive investment for discerning buyers seeking strong returns in a growing market. The Beckley location is at 991 Clarence W Mdws Mem Blvd, Beckley, WV 25801, while the Ronceverte location is at 1367 Maplewood Ave, Ronceverte, WV 24970.

Highlights

  • Opportunity to acquire a new Class A & B self-storage portfolio.
  • No competing self-storage developments within a five-mile radius.
  • High-traffic locations directly off major thoroughfares.
  • Institutional-quality product in markets with strong lease-up potential.

Property Details for 991 Mdws Mem Blvd

Property type
Self storage facilities
Year Built
2023
Buildings
6
Stories
2
Lot Size (sq. ft)
371,131 SF
Units
735

Location Insight

City
Beckley
County
Raleigh
State
West Virginia
Latitude
37.7966771
Longitude
-81.1709779
991 Mdws Mem Blvd, Beckley, West Virginia

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991 Mdws Mem Blvd
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