Clean Property W/ limited Competition & Room for Expansion
3577 Main Hwy, Bamberg, SC 29003
$1,550,000
Price
210
Number of Units
3.66
Land Acres
21,870
Rentable Square Feet
24,000
Gross Square Feet
Fee Simple
Ownership Type
Opportunity Awaits
Greenleaf Self Storage of Bamberg present an opportunity for a new owner to continue the steady lease up of the existing facility with the opportunity for future expansion. There is approximately 3/4 of an acre for expansion. 3545 Main St. is an approximate 1/2-acre vacant lot and the main parcel, 3577 Main St. has some land that is located directly behind the 1/2 parcel to make a contiguous 3/4 +/- acre for expansion. There is very limited competition in the area and the only known facility with climate-controlled units in the market. This facility's price point offers new and seasoned investors the opportunity to acquire a self storge investment at a great price point with the potential for double digit cash on cash returns and simple management with the technology and security features needed to operate a facility remotely or with limited personnel. The property is also located in an opportunity zone which offers potential tax advantages.
Small Market - Big Possibilities
Step into the world of self storage ownership with a facility designed to provide a less management intensive investment while providing steady, long-term income. The property's strategic location on Main Hwy ensures a steady stream of potential tenants, offering a reliable cash flow for investors. Whether you're a seasoned investor or a newcomer to self storge investing, this opportunity offers great potential. Located in Bamberg, SC, there is limited self storage competition and no direct competitors offering climate-controlled units of this class. Bamberg, SC is located 1 hour south of Columbia, 1.5 hours northwest of Charleston and 1.5 hours south, southeast of Augusta, GA. The property is located in an opportunity zone which can offer potential tax advantages.
