Ideal Self Storage

available

 

Ideal Self Storage is located in dynamic Lynchburg, VA. Lynchburg's MSA is the fifth largest in Virginia with a population of 235,000. It is home to six colleges and universities with an aggregate student population of over 16,000. The economy is balanced among trade, services, banking, and manufacturing.

The property is near the largest educational institution, Liberty University, with a student population of 11,600. It is close to River Ridge Mall and enjoys excellent visibility from Candlers Mountain Road (US 501).

Finished in late 2008, the property has had steady increases in occupancy and is currently over 46% leased. It has little competition in this Lynchburg submarket. Most of the property is graded and has site preparation complete. The owners estimate the site can accommodate approximately 50,000 square feet of dry storage and will have a generous outside storage area available which makes it appealing to developers who want to acquire at an attractive price and improve the operating results with additional construction.

*Financial information available upon request

*Owner will guarantee additional rental income of at least $21,600 during transition year

 

Contact Information

Monroe Ridenhour
Broker
(276) 632-0676
Contact me!

Additional Info

 Listing Summary PDF
 Unit-Layout.pdf