169-171 Flanders St - River Campus Self Storage Facility
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169-171 Flanders St - River Campus Self Storage Facility
13,300 SF Specialty Building Offered at $850,482 CAD in Rochester, NY 14619
Investment Highlights
- Ideally located near the University of Rochester’s River Campus
- Great Value-Add Potential with Onsite Managment
- 24/7 Security & Secure Entry
- Vertically Integrated Facility Management
Executive Summary
Benchmark Realty Advisors is pleased to exclusively present River Campus Storage, a premier climate controlled self-storage facility in Rochester, NY. This property offers an exceptional investment opportunity with a robust client base, modern amenities, and a prime location near the University of Rochester. The property was renovated in 2018 to offer 115 climate controlled units over two floors with a total of 8,675 Net Rentable SF. Size of units range from small lockers (5x5), to large storage spaces (14x19), and outside parking spots, accommodating a variety of storage needs. Leasing office on site, 24/7 video surveillance, electronic gate code access, and a well-lit premises ensures the safety and peace of mind for all tenants. HVAC updated in 2017/18 including (2) new electric furnaces, and (6) dual-zone mini split systems. This property offers newcomers to the self storage industry potential to finance with an SBA loan with only 10% down.
• Value Add: Strong pro forma potential with expert, onsite management of the facility.
• Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity.
• Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue.
• Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space.
• Value Add: Strong pro forma potential with expert, onsite management of the facility.
• Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity.
• Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue.
• Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space.
Property Facts
Price | $850,482 CAD | Lot Size | 0.56 AC |
Price Per SF | $64 CAD | Building Size | 13,300 SF |
Sale Type | Investment or Owner User | No. Stories | 2 |
Property Type | Specialty | Year Built/Renovated | 1917/2018 |
Property Subtype | Self-Storage | Parking Ratio | 2.63/1,000 SF |
Building Class | B |
Price | $850,482 CAD |
Price Per SF | $64 CAD |
Sale Type | Investment or Owner User |
Property Type | Specialty |
Property Subtype | Self-Storage |
Building Class | B |
Lot Size | 0.56 AC |
Building Size | 13,300 SF |
No. Stories | 2 |
Year Built/Renovated | 1917/2018 |
Parking Ratio | 2.63/1,000 SF |
Amenities
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
Parcel Number | 261400-135-240-0001-007-000-0000 | Improvements Assessment | $286,343 CAD |
Land Assessment | $87,759 CAD | Total Assessment | $374,102 CAD |
PROPERTY TAXES
Parcel Number
261400-135-240-0001-007-000-0000
Land Assessment
$87,759 CAD
Improvements Assessment
$286,343 CAD
Total Assessment
$374,102 CAD
zoning
Zoning Code | Commercial (C-1 Neighborhood Center - also located in an O-A Overlay Airport District) |
Commercial (C-1 Neighborhood Center - also located in an O-A Overlay Airport District) |
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169-171 Flanders St - River Campus Self Storage Facility
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