For Sale
$6,800,000

731 Nicholas StElizabethtown, KY 42701

Brand New Self Storage Facility - Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
118
Exceptional investment opportunity: a brand new, turnkey self-storage facility in Elizabethtown, Kentucky, is now available for purchase at $6,800,000. This state-of-the-art facility boasts a prime location, situated directly across the street from approximately 300 single-family homes and a short distance from approximately 200 apartment units, ensuring a strong and readily available customer base. The facility is already generating income, with some units, including fully enclosed boat and RV storage, currently leased. This presents a unique chance to acquire a profitable, established business with significant growth potential. The property is conveniently located at 731 Nicholas St, Elizabethtown, KY 42701, in Hardin County. The "Hub City Storage" facility offers a compelling investment prospect for those seeking a high-return, low-maintenance venture in a thriving Kentucky market. Its strategic location and the early success of leasing indicate a promising future for continued revenue generation and potential expansion. This turnkey operation minimizes the initial setup and operational challenges, allowing for immediate income generation and a streamlined investment experience. The combination of a prime location, existing tenant base, and the inherent demand for self-storage units makes this a truly exceptional opportunity.

Highlights

  • $6,800,000 asking price for a self-storage facility.
  • Brand new, turnkey self-storage facility.
  • Located across from 300 single-family homes and near 200 apartment units in Elizabethtown, KY.
  • Boat and RV storage units currently generating rental income.

Property Details for 731 Nicholas St

Property type
Self storage facilities

Location Insight

City
Elizabethtown
County
Hardin
State
Kentucky
Latitude
37.6829834
Longitude
-85.8718021
731 Nicholas St, Elizabethtown, Kentucky

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731 Nicholas St
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