Value-add self-storage investment opportunity in growing Fairview, NC. Established facility features 81 enclosed drive-up storage units (14 5x10, 35 10x10, 18 10x20, and 14 10x30 units), approximately 34 outdoor storage spaces, programmable gated entry, security cameras, perimeter fencing, and a 10' x 16' office building. Currently operating at approximately 88% occupancy with rental rates significantly below competing facilities, creating substantial upside potential through rent optimization, operational improvements, and future expansion opportunities. Conveniently located near Asheville along the Charlotte Highway corridor. Existing operations provide immediate income with additional upside potential through optimization of rental rates, monetization of owner-occupied units, expansion of outdoor storage capacity, and future site development opportunities, subject to buyer verification.
| MLS # | 4398186 |
|---|---|
| Listing Type | For Sale |
| Style | N/a |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1999 |
| Days On Site | 54 |
| Listing Provided By | Keller Williams Elite Realty | David Rathy |
| Story(s) | 1 |
|---|---|
| Units | 81 |
| Building(s) | 4 |
| Zoning | OU |
| Acreage | 1.90 |
| Cooling | N/A |
|---|---|
| Heating | None |
| Roof | Metal |
|---|---|
| Security Features | Security System |
| Construction Materials | Metal |
| Foundation Details | Slab |
| Lot Features | Cleared, Level |
| Parking Features | Parking Lot |
|---|
| List Aor | Land of The Sky Association of Realtors |
|---|
| Property | 304100 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Fairview |
| Zip Code | 28730 |
| Area | Buncombe |
| Listing VS Median (in 28730) | |
Price: $975,000 low | high Med: $799,000 On site: 54 low | high Med: 265 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Fairview |
| Zip Code | 28730 |
| Area | Buncombe |
| Listing VS Median (in 28730) | |
Price: $975,000 low | high Med: $799,000 On site: 54 low | high Med: 265 | |