Industrial•Self Storage•For Sale
Out Box Self Storage
2283 Glenns Bay Road, Myrtle Beach, South Carolina 29575
Call for Offers – Friday, June 29, 2018 at 5:00 PM EST
All site visits must be scheduled through SkyView Advisors.
Out Box Self Storage is a self-storage property located in Myrtle Beach, SC. This is an opportunity to own a self-storage property situated on a total of 2.7 acres of land, with a total of 60,513 net rentable square feet, and 609 total units. This property will receive Certificate of Occupancy July 2018. The five year population growth potential within a 3-mile radius is estimated to be 2.36% and 2.76% within a 5-mile radius.
NOI - $625,633 (Pro Forma NOI)
- C/O opportunity far exceeds existing product quality in subject market.
- Population growth in the MSA is forecasted to be 17.3 percent over the next five years.
- Income levels are projected to increase at an average annual rate of about 7.68 percent per year over the next five years.
- Strengths of the region include: popular destination for tourists and retirees, strong population growth trends, and favorable cost of living.
6/20/2018 12:00:00 AM
6/20/2018 3:15:28 PM