USAPADallastown112 S Walnut St
112 S Walnut St, Home with 0 bedrooms, 0 bathrooms and null parking in DALLASTOWN PA | Image 1
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$1,875,000

112 S Walnut St, Dallastown, PA

Real Estate

Sold

$--,---,---
$1,995,000
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $9,667
Approx. Age 1906
MLS® Number PAYK2069838

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

***Seller is willing to seller finance.*** (Terms up to 1mm at 5-5.5% interest) 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 7.7% cap rate based on actual numbers. 98% occupancy. 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!Show Description
MLS® NumberPAYK2069838
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1906
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CNone
Heating Fuel

Extras

Keyless security system, security cameras, company website

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