Skip to main content

Self-Storage Facility

LA Self Storage

430 Lake Ave, Rochester, NY 14608

Listing Price: $1,750,000

Cap Rate
6.80%
Number of Units
148
Occupancy
88.0%
Rentable SF
19,380
Price/Rentable SF
$90.30
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale LA Self Storage located about a mile and a half from downtown Rochester in the neighborhood of Edgerton. This self-storage facility was built in 1988 and currently features 146 non-climate controlled self-storage units, a large warehouse space, and a leasable parking space that make up 19,380 net rentable square feet. LA Self Storage benefits from a good location with excellent visibility along Lake Avenue and an under-supplied surrounding self-storage market.

Investment Highlights

  • Rochester, New York Self-Storage Offering with Large Upside
  • Mom and Pop Run Facility: Seller Has No Advertising, No Website, and No Use of Ancillary Income Sources, etc.
  • Opportunity to Significantly Increase Revenue Via Expansion | Seller Has Plans for 59 Unit Phase One Expansion | Additional Room For Future Phase Two Expansion of 147 Units
  • 19,380 Net Rentable Square Feet
  • 146 NCC Units | 1 Large Warehouse Space | 1 Outdoor Parking Space

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s) NY: 10311204479

    New York

Financing By

Self-Storage Facility

LA Self Storage

Listing Price: $1,750,000

Cap Rate
6.80%
Number of Units
148
Occupancy
88.0%
Rentable SF
19,380
Price/Rentable SF
$90.30
Year Built
1988

Investment Highlights

  • Rochester, New York Self-Storage Offering with Large Upside
  • Mom and Pop Run Facility: Seller Has No Advertising, No Website, and No Use of Ancillary Income Sources, etc.
  • Opportunity to Significantly Increase Revenue Via Expansion | Seller Has Plans for 59 Unit Phase One Expansion | Additional Room For Future Phase Two Expansion of 147 Units
  • 19,380 Net Rentable Square Feet
  • 146 NCC Units | 1 Large Warehouse Space | 1 Outdoor Parking Space

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale LA Self Storage located about a mile and a half from downtown Rochester in the neighborhood of Edgerton. This self-storage facility was built in 1988 and currently features 146 non-climate controlled self-storage units, a large warehouse space, and a leasable parking space that make up 19,380 net rentable square feet. LA Self Storage benefits from a good location with excellent visibility along Lake Avenue and an under-supplied surrounding self-storage market.

Exclusively Listed By

Broker of Record

  • John Horowitz

    Broker of Record

    (212) 430-5100

    License(s): NY: 10311204479

    New York

Financing By

MM Texture Background
MM Textured Background Lower