Small Value Add Self Storage with Owner Financing in Bryson City, NC!
Location, Location, Location!
Conveniently located in historic Bryson City, within walking distance to downtown.
Facility currently has 24 doors with 19 units total (as some units currently expand to the other side, but could be divided), as well as 18 lined spaces for open Boat/RV storage. There are currently 7 vacant units and open storage was recently lined and made available. If all existing spaces were rented total income at current rates would be $1900 per month.
Property has new solar LED lights over each door and is set up with the ESS platform (sale includes ESS account and domain/website).
Multiple value add opportunities available, based on location and financing offered!
Value add could include, increasing occupancy, raising rents, building more units, convert open storage to RV park, and offering tenant insurance.
The area draws in lots of tourists year-round for hiking, whitewater rafting, train excursions, Fontana Lake, fishing, and downtown shopping. This property could potentially be converted into a campground/RV park, you could have 15-20 RV pads leaving the existing storage in place or more if you take it out.
City water/sewer are on the street, power lines are also already on site.
$280,000 with $100k Down, Balance owner financed at 3% interest only annual payments of $5400 for 4 years, then potential to convert to 30-year fixed.
Unit Break Down
8 5 x 10 – $50
6 10 x 10 – $70
5 10 x 20 – $90
18 Open Spaces – $40 (these are 12.5 ft wide)
Text me at 803-339-2255 for more info.
You can also message me your email address and mobile number and I will send you more info.
We have been providing deep discounted properties in the Carolina’s for over 35 years.
See more pictures of this property and other wholesale discounted properties at https://www.investorsrehab.com/property/small-value-add-self-storage-with-owner-financing-in-bryson-city-nc/