🏠 Off Market Property in Ohio

POF needed for financials

Value Add, Mom & Pop Facility Located in Orange, TX; this facility features High Physical Occupancy & Many Tenants Still Paying Below Street Rates. The Facility has Expansion Potential to More Than Double in Size! Easy value add play; Increase the marketing presence, and getting tenants to street rates to get to over a 9.8% cap rate by EOY2. Build more storage to significantly raise returns even further!


Reminder: This is an off-market deal we have under contract. All communication and questions about the property should be done through us. The seller will inform us of any direct contact and you will be removed from our buyer's list. Thanks!



Price: $1,200,000 (only $68/sf!) + (3% buyers fee)

17,686 NRSF

Sits on 3 acres.

Room to more than double the amount of storage here!

125 units (36 Climate Control, 85 non-climate, 1 store, and 3 outdoor parking)

84% physical occupancy

Current rent roll is $10.3k a month

GPRI of 15.2k per month just by raising all units to street rates. This does not give any credit to the expansion potential!

40x40 Store is included with the property that is occupied on a NNN lease & is severely under market rent. The store is rented for so cheap because the tenant runs the storage facility for the owner.

Orange has a population of 19.3k (+3.7% since 2000). Median income is $58k.

Storage is all fenced in

Not in flood zone

Managed with ESS software

Seller is not open to seller financing & the loan is not assumable




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Value Add: Mismanaged Mom & Pop facility located in the extremely fast growing city of Kingsland, GA (+73% growth since 2000). This facility totals 21k square feet and features FAR BELOW market rents and fantastic seller finance terms ($1M financed at 6% interest (30 year am), for the entire 7 year term). Add a website, begin marketing and renting units online, and raise rents to market rates to get this deal to over an 11.5% cap rate EOY3 with 22% cash on cash returns, featuring fantastic exit cap rate potential in Georgia!


Reminder: This is an off-market deal we have under contract. All communication and questions about the property should be done through us. The seller will inform us of any direct contact and you will be removed from our buyer's list. Thanks!




Price: $1,400,000 + (3% buyers fee)

$1.4M purchase price with $400k down and 6% interest (30 year am) for 7 years!

20,700 NRSF

184 units

Currently grosses just under $10.5k per month and is SEVERELY under market rents. GPRI is about $18.2k per month based on rent comparables.

The facility has NO WEBSITE and does NO MARKETING AT ALL. They don't even have a phone number on the google business listing.

Seller does not implement modern practices like renting units online or accepting credit card payments.

81% physically occupied (89% of the s/f is occupied. Lower occupancy on the smaller 5x10 units)

Facility is currently being subdivided from the adjacent commercial building which the seller will be keeping.

Unit #23 is currently used as office

Not in a flood zone

Kingsland, GA has a population of 18.2k people with +73.4% since 2000! (3.4% unemployment, 61k median income, & 243k median home price). The MSA has a population of 54.3k and has grown by 24.3% since 2000!

Stabilizing this facility at an 11.5% cap rate combined with the favorable 6% interest seller financing sets up great cash on cash returns! Exit cap rate sales in this market are also very strong (much better than what we're assuming in our underwriting).



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Value Add: Pair of Mom & Pop facilities located in the fantastic market of Delaware, OH and Marysville, OH. These facilities feature High Physical Occupancy & Many Tenants Still Paying Grandfathered-In Rates. These combined facilities total 24k NRSF with Room to Expand! The facilities are in great condition, fully paved and near many other commercial businesses. Easy value add play; Increase the marketing presence, and get tenants to street/market rates to get to over a 9.2% cap rate by EOY2. Build more storage to significantly raise returns even further!







Price: $1,650,000 + (3% buyers fee)

Buckeye Storage is 15,405 NRSF on 1.92 acres

Radius Storage is 8,400 NRSF on 1.75 acres (About an acre to expand!)

142 units combined

Facilities are within 20 minutes of each other

86% physical occupancy

Currently grosses ~$13.8k a month

GPRI of 19.3k per month!

High $/sf rents (Over $12/sf annual rents based on comps) in these markets makes expansion a lucrative play.

Seller manages the facilities himself, is getting older and is motivated to move on.

Delaware, OH has a population of 41k people with +62.4% growth since 2000. (3.5% unemployment, 79k median income, & 351k median home price).

Marysville, OH has a population of 25k people with +56.3% growth since 2000. (3.4% unemployment, 86k median income, & 312k median home price).

With high median income and home prices, the MSA has a population of 2.12M and has grown by 26.7% since 2000!

Not in flood zones

The 5 mile supply index is 7.99 for the Delaware facility and 11.09 for the Marysville facility



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Value Add: Pair of Mom & Pop facilities located in the fantastic market of Delaware, OH and Marysville, OH. These facilities feature High Physical Occupancy & Many Tenants Still Paying Grandfathered-In Rates. These combined facilities total 24k NRSF with Room to Expand! The facilities are in great condition, fully paved and near many other commercial businesses. Easy value add play; Increase the marketing presence, and get tenants to street/market rates to get to over a 9.2% cap rate by EOY2. Build more storage to significantly raise returns even further!







Price: $1,650,000 + (3% buyers fee)

Buckeye Storage is 15,405 NRSF on 1.92 acres

Radius Storage is 8,400 NRSF on 1.75 acres (About an acre to expand!)

142 units combined

Facilities are within 20 minutes of each other

86% physical occupancy

Currently grosses ~$13.8k a month

GPRI of 19.3k per month!

High $/sf rents (Over $12/sf annual rents based on comps) in these markets makes expansion a lucrative play.

Seller manages the facilities himself, is getting older and is motivated to move on.

Delaware, OH has a population of 41k people with +62.4% growth since 2000. (3.5% unemployment, 79k median income, & 351k median home price).

Marysville, OH has a population of 25k people with +56.3% growth since 2000. (3.4% unemployment, 86k median income, & 312k median home price).

With high median income and home prices, the MSA has a population of 2.12M and has grown by 26.7% since 2000!

Not in flood zones

The 5 mile supply index is 7.99 for the Delaware facility and 11.09 for the Marysville facility



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Value Add: Mismanaged Mom and Pop Facility (30 mins from Knoxville) with Expansion Room to TRIPLE in Size!!! The Facility has minimal marketing, but is still 95%+ physically occupied with rates that are nearly 30% LOWER THAN MARKET. Raise rents to market and increase the marketing presence to get this deal to over a 10.1% cap rate. This also gives no credit to the expansion potential on this 2.2 acre lot at all! Build more storage to significantly raise returns even further!


Reminder: This is an off-market deal we have under contract. All communication and questions about the property should be done through us. The seller will inform us of any direct contact and you will be removed from our buyer's list. Thanks!





Price: $800,000 + (3% buyers fee)

9,250 NRSF on ~2.2 acres

74 storage units with 12 additional 10x30 parking spaces

~95% physical occupancy for the storage units.

Facility has an extremely small sign and very poor marketing. The phone number listed online also rarely gets picked up.

Gross rents have averaged ~6k per month from Jan-Oct 2023.(Current November rent roll shows $5.7k )

Street rates are FAR below market

Fair amount of tenants have been there for a long time & under the already low street rates

GPRI of 9k per month and this does not give any credit to the expansion potential!

For the expansion, trees will need to be cleared and dirt will likely need to be brought in to level the ground.

Not in a flood zone

Strong demographics. Sevierville has an 18k population (+53.4% since 2000 ), $45k median income, $372k median home price, 5% unemployment rate

Only 30 minutes from Knoxville, TN.

Seller is not open to seller financing & the loan is not assumable





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Value Add: Storage facility for below replacement cost, located in the attractive market of Zanesville, OH. This facility features High Physical Occupancy & Rates Far Below Market. Room to Expand on this 5.88 Acre Lot to More than Double the SqFt! The facility has been well maintained and also includes a residential 3.7k home on the property. Raise rents to market, add a sign and better marketing presence to get this deal to over a 10.2% cap rate. Build more storage to significantly raise returns even further!








Price: $1,400,000 (Only $53/sf!) + (3% buyers fee)

~23k NRSF of storage & 3.7k sqft home on 5.88 acres

161 units

90% physical occupancy

Rents significantly under market. Seller has not raised rents in many years.

GPRI of 16.1k per month! (not counting expansion potential)

Manager lives in the residential house for free in lieu of payment.

Supple Index Well Below National average! The 5 mile supply index is 7.14. 3 mile is 4.38.

Perfect location for expansion with low supply of storage nearby!

High barriers to entry in this market: land listed on the market nearby is selling for well into the six figures per acre

Less than 1 mile from Walmart

Expand on the large 5.88 acre lot to juice returns.

Zanesville MSA has a population of 86k people. (5.1% unemployment, 53k median income, & 160k median home price).

Not in flood zone

Built in 2003

Seller is not open to seller financing & the loan is not assumable



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Add: Mismanaged Mom and Pop facility with High Occupancy, Room to Raise Current Rates and Ability to Expand on over 2 Acres! Facility has no marketing at all but is still 98% physically occupied with most tenants below street rates and street rates having room to go up. The supply index is also insanely low in this area, showing a real lack of storage supply. This is one of ONLY two facilities in town. Raise rents to market, add a bigger/better placed sign, and add a website/marketing presence to get this deal to over a 9.6% cap rate! This is with no value to the expansion land!!



Reminder: This is an off-market deal we have under contract. All communication and questions about the property should be done through us. The seller will inform us of any direct contact and you will be removed from our buyer's list. Thanks!







Price: $375,0000 (only $52/sf!) + (3% buyers fee)

7,200 NRSF on 2.34 acres

53 units

98% physical occupancy

Only one other facility in the same town of Dresden and it is 100% occupied!

Currently monthly gross is ~$3.2k a month

Based on market rent comparables, rents could be pushed to ~$4.4k per month which would get this deal to over a 9.6% cap rate!! This also gives no credit to the expansion potential!

Seller manages it himself and no longer wishes to run the facility

Seller does not have a website and does absolutely no marketing. Since the facility stays full, they feel no need.

Fair amount of tenants have been there for a long time & are below the already low street rates

Strong Demographics. Dresden: Population Growth of +17.8% since 2000. Zanesville MSA Population of 86k $52k median income, $160k median home price, 5% unemployment rate

1 hr from Columbus, OH

Seller is not open to seller financing & the loan is not assumable

Supply index is well below the national average. The 3 mile supply index is 2.22 & the 5 mile supply index is 5.10.

Want to make an offer?

Please call / text message Mike at 856-426-1166 or email [email protected]

Final price negotiable. If multiple offers are received, best and final will be accepted. Offer acceptance prioritized based on proof of funds.

DISCLAIMER:This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.