770-285-1331

luke@saulsstoragegroup.com

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Self Storage

CHR STORAGE & RENTALS

677 Wilkinsville Hwy Gaffney, SC 29340

Number of Units: 108

Occupancy: 77% (includes building under construction)

Rentable SF: 12,400

Year Built: 2015 & 2022

Investment highlights

  • High occupancy history, with below market rates
  • Well-traveled area between Greenville, SC, and Charlotte. NC
  • Additional storage under construction, to be completed prior to closing
  • Room for additional expansion or parking
  • Opportunity for immediate revenue increase through rate management, implementation of admin fees, and tenant insurance sales

General description

C.H.R. Storage and Rentals is made up of 106 non-climate storage units (including 21 units under construction that will be completed prior to closing), 2 storage containers, and 2 parking spaces. The storage portion of the property is fully fenced & gated with gravel drives, and has 16 cameras for security.  The site can accommodate approximately 12 additional parking spaces or 1,400 additional SF of storage.  The facility is located in Gaffney, South Carolina, just 20 miles east of Spartanburg, SC. The property is positioned just south of I-85 in a well- traveled area, between Greenville, SC, and Charlotte, NC.

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