112 S WALNUT STREET, DALLASTOWN, PA 17313

180-unit self storage facility located on a corner lot in the heart of Dallastown, PA. D-town Mini Storage is uniquely positioned due to its pre-existing non-conforming status.  No other storage facilities can be built in this area without a special exception.31,498 total square feet. Being sold at a 6% cap rate based on actual numbers. Physical and economic occupancy are both 90%+.Value add opportunities include under market rents, renting empty units, and renting or building out 4,000 sq ft second floor into more storage units.  D-town Mini Storage typically has the lowest rents in town.  The seller, a mobile home park operator, is divesting from his only self storage facility, creating an ideal opportunity for a skilled operator to maximize the property’s potential.  There is significant room for revenue growth and increased property value. Recent capital improvements include newly blacktopped roads ($90K) and keyless entry ($20k).  Both completed in 2022.Included in the sale are:  website, security cameras, keyless entry security system and elevator shaft connecting the ground to the second floor. Financials, property survey, and clean environmental phase 1 report, available upon request. Contact us today for more information!