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Undisclosed Address in Mars Hill, NC 28754
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$399,900
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Home Details 1393 US 19 Highway
Price
$399,900
Type
Commercial/Industrial
Year Build
1992
County
Madison
MLS®️ Listing#
4271109
On exitrealty.com
122 days
Property Description
Rare Value-Add Storage Investment Opportunity – 36 Units + Manager’s Trailer – $399,900
Don’t miss this rare chance to acquire a 36-unit self-storage facility on high-traffic US-19 in Mars Hill, with approx. 15,000 vehicles per day and strong growth potential. The property includes three buildings, a heated and cooled manager’s office, and a rentable single-wide trailer that could also house an on-site manager at a discounted rate. With a pro forma cap rate of 10%, this investment is priced below comps and offers serious upside. With even modest marketing, units can be leased to capacity, dramatically improving cash flow and ROI. Located just minutes from downtown Mars Hill and I-26, the site offers excellent visibility and access for customers. This is an ideal opportunity for investors seeking a hands-on value-add deal in a market where opportunities like this are increasingly rare. Call today to schedule a showing!
- Cooling Information
- Ductless
- Heating Information
- Ductless
- Water Features
- Shared Well
- Utilities
- Electricity Connected
- Parking
- Shared Driveway
Listing Courtesy: Keller Williams - Weaverville - kellylassiter@kw.com
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.Last Updated: 2025-10-09 09:46:06
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