New Value-Add Self-Storage Investment in Central Pennsylvania
- $750,000
New Value-Add Self-Storage Investment in Central Pennsylvania
- $750,000
Overview
- Commercial In USA
- 1,011.4 m²
Description
Advantages Of Buying Properties Through AGI
📍 104 Oak St, Milroy, PA 17063
Introducing a recently completed Class A self-storage facility ideally located just 30 minutes from State College, PA—a thriving and growing hub. Built in 2023, this investment-ready property offers 85 total units across 10,888 sq.ft., with 82% current occupancy and strong ongoing lease-up momentum.
Positioned on 1.82 acres of unzoned land, the property provides flexibility for future improvements or expansions. The facility is generating a Pro Forma Net Operating Income (NOI) of $74,842 with a cap rate of 9.98%, supported by monthly gross revenue of $6,000 and 70 leased units.
📦 Unit Mix & Features:
- 10×5 – $59/month – 20 units
- 10×10 – $79/month – 10 units
- 10×15 – $89/month – 32 units
- 10×20 – $99/month – 10 units
- 8.5×20 – $89/month – 10 units
- 13×42 – $200/month – 3 units (Mini warehouse-style)
💡 Investment Highlights:
- Seller Financing available at 10% down, 5.5% interest, 25-year term
- Low supply in surrounding market – only 3.2 sq.ft. per person in 3-mile radius
- 2 billboards on permanent easement (not included in sale but located onsite)
- High-demand market in central PA with appreciating property values
This is a rare chance to acquire a modern, high-performing storage asset in a low-competition, high-demand market with significant upside potential through lease-up and rate optimization.
Address
Open on Google Maps- Address: 104 Oak St, Milroy, PA 17063
- Country: USA
Details
Updated on July 28, 2025 at 5:39 am- Property ID HZ32494
- Price $750,000
- Property Size 1,011.4 m²
- Land Area 7,368.53 m²
- Property Type Commercial In USA
- Property Status For Sale, New Listing
- Price per m² 741.50
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