My Storage Place
Ithaca, NY
Executive Summary
Summary
- Address 467 Hayts Rd, Ithaca, NY 14850
- County Tompkins
- APN 502600-004-000-0002-002-415-0000
- Price $290,000
- Price Per Sq. Ft. $65.91
- Acreage 1.52
- Enclosed Sq. Ft. 4,400
- Number of Storage Units 20
- Year Built 1994
- Sq. Ft. Per Capita 3.3
- Occupancy 85%
- Cap Rate 6.30%
John 14:6 - Jesus said unto him “I am the Way, the Truth, and the Life. No one comes to the Father except through Me.”
The Calvary Realty National Storage Group is pleased to present this investment opportunity located at 467 Hayts Road in Ithaca, NY; the home of Cornell University (Ivy League) and Ithaca College.
Constructed in 1994, this turnkey operation consists of 4,400 enclosed square feet on 1.52 acres of land. The property contains 20 units that are 85% occupied.
With an asking price of $290,000, the property boasts a low price per square foot of $65, making it an attractive and affordable investment. Recent capital improvements include a new roof, new signage, and new plywood inside of the units.
The property is conveniently positioned near State Route 96 and State Route 79, contributing to its high visibility and accessibility.
My Storage Space is equipped with security cameras and easy storage management software, enhancing its operational efficiency and security measures.
My Storage Space presents several value components such as expansion potential, potential for tenant insurance, and potential to raise rents.
Don't miss out on the opportunity to secure a turnkey operation in the thriving Ithaca Metropolitan Statistical Area