Piedmont Self Storage | Randleman, NC
Sands Investment Group is Pleased to Present For Sale the Piedmont Self Storage Located in Randleman, North Carolina. This Facility Features 235 Drive-Up Units Totalling 29,400 Net Rentable Square Feet. This Site Includes Approximately Three Acres of Expansion Land, Providing This Deal With Significant Upside. Additional Value-Add Opportunities Include Increasing Revenue Through Lease-Up and Stabilization, Steadily Pushing Standard Rates, Maximizing Ancillary Income, and the Implementation of Tenant Insurance Sales.
- Value-Add Self Storage Facility Strategically Positioned as the Only Storage Option in the Immediate Trade Area
- Facility is 99% Physically Occupied and 73.5% Economically Occupied
- Site Includes Roughly Three (3) Acres of Expansion Land
- Opportunity to Increase Revenue Through Bringing Existing Tenants Up to Standard Rates
- Opportunity to Increase Revenue Through the Implementation of Tenant Insurance Sales and the Collection of Ancillary Income
- Opportunity to Increase Revenue By Steadily Raising Standard Rates
- Facility is Fully Gated With Keypad Access, Making it an Ideal Candidate for Remote Management
- Close Proximity to Randleman Lake Provides Demand for Boat/RV Storage
- Healthy Population of 20,327 Residents Within 5-Miles of the Site
- Randleman is Located in North Carolina’s Growing Piedmont Triad Region, Less Than 15 Miles From Greensboro, High Point and Asheboro
In Cooperation With: Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli- Lic. # 310575
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