Self-Storage Investment Opportunity – Fully Operational, Ready for New
Business Description
Established Self-Storage Investment Opportunity - Delaware, OH
This turnkey self-storage facility represents an exceptional investment opportunity in Delaware County's growing market. Operating since 1996, this well-positioned facility demonstrates strong fundamentals with immediate upside potential.
Facility Overview:
- 94 storage units across multiple size categories serving residential and commercial tenants
- 16,523 square feet of storage space on owned real estate
- Currently operating at 99% occupancy (93 of 94 units rented)
- On-site office and comprehensive security camera system
- All operational infrastructure and equipment included
Financial Performance:
- Annual revenue: $155,000
- Strong cash flow with stable tenant base
- Rents below current market rates, creating immediate income enhancement opportunities
- Potential for 20% rent increases across most units without demand impact
Market Advantages:
- Limited direct competition in immediate area
- Ongoing residential development driving population growth
- Undersupplied local market supporting sustained demand
- Strategic location in Columbus metro area
Investment Highlights:
- Absentee owner operation demonstrates passive income potential
- Nearly three decades of established operations
- Immediate value-add opportunities through market-rate pricing
- Comprehensive transition support included (30 days on-site training and ongoing consultation)
- Real estate ownership provides asset appreciation potential
This facility offers the ideal combination of stable cash flow, proven market demand, and clear pathways for income growth. Perfect for investors seeking a well-established storage business with minimal competition and strong fundamentals.
Reason for Sale: Owner diversifying investment portfolio to focus on other projects.
Asking Price: $1,400,000
This turnkey self-storage facility represents an exceptional investment opportunity in Delaware County's growing market. Operating since 1996, this well-positioned facility demonstrates strong fundamentals with immediate upside potential.
Facility Overview:
- 94 storage units across multiple size categories serving residential and commercial tenants
- 16,523 square feet of storage space on owned real estate
- Currently operating at 99% occupancy (93 of 94 units rented)
- On-site office and comprehensive security camera system
- All operational infrastructure and equipment included
Financial Performance:
- Annual revenue: $155,000
- Strong cash flow with stable tenant base
- Rents below current market rates, creating immediate income enhancement opportunities
- Potential for 20% rent increases across most units without demand impact
Market Advantages:
- Limited direct competition in immediate area
- Ongoing residential development driving population growth
- Undersupplied local market supporting sustained demand
- Strategic location in Columbus metro area
Investment Highlights:
- Absentee owner operation demonstrates passive income potential
- Nearly three decades of established operations
- Immediate value-add opportunities through market-rate pricing
- Comprehensive transition support included (30 days on-site training and ongoing consultation)
- Real estate ownership provides asset appreciation potential
This facility offers the ideal combination of stable cash flow, proven market demand, and clear pathways for income growth. Perfect for investors seeking a well-established storage business with minimal competition and strong fundamentals.
Reason for Sale: Owner diversifying investment portfolio to focus on other projects.
Asking Price: $1,400,000
About the Business
- Years in Operation
- 30
- Currently Home Based
- Yes
- Facilities & Assets
- The facility includes 94 self-storage units in a mixed range of sizes (small, medium, and large) to accommodate diverse tenant needs. The property features an on-site office for tenant management and administrative operations, along with security camera coverage throughout the facility to support tenant safety and asset protection. All existing infrastructure, fixtures, and equipment necessary for continued operation are included in the sale.
- Website
- Show Website URL
- Market Outlook / Competition
- The facility benefits from limited direct competition in the immediate area, giving it a strong competitive position for self-storage demand. New residential development nearby continues to drive population growth in the surrounding market, supporting sustained and growing demand for storage units. Combined with near-full occupancy (93/94 units), this reflects a healthy, undersupplied local market.
- Opportunities for Growth
- Significant upside for a new owner: rents have not been increased in over a year, with several units currently priced below market. There is potential to raise rents by up to 20% across most units without impacting demand. The facility is essentially at full capacity, with 93 of 94 units currently occupied — demonstrating strong, stable demand in the market.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 16,523
About the Sale
- Seller Motivation
- Diversifying investment portfolio, focusing on other projects.
- Transition Support
- Seller will provide 30 days of transition support following closing, including on-site training as well as ongoing phone and email support. This covers day-to-day operations, tenant management, rent collection processes, and any vendor relationships needed to ensure a smooth handoff to the new owner.
Listing Info
- ID
- 2547425
- Listing Views
Business Location
Listing ID: 2547425 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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