95 Storage and RV
Closed1239 Kenric Rd, Lumberton, NC 28360
Property type
Self Storage
Unit / Space count
95
Price
N/A
Building size
11,250 sf
Rentable area
11,250 SF
Year built
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Property description
- Cash-flowing self-storage facility featuring 95 non-climate units totaling 11,250 net rentable square feet and 33 outdoor parking rentals - Strong occupancy trends and successful lease-up since the beginning of 2025 - Facility sits on a 5.03-acre lot, offering ample room for future expansion - Opportunity to increase revenue through stabilization and the implementation of existing customer rent increases - Limited competition in the immediate trade area, with just one other storage facility within five miles - Opportunity to increase revenue through maximizing fee income and mandating tenant insurance sales - Lumberton is located in Southeastern North Carolina, approximately 30 miles south of Fayetteville - The Lumberton MSA is part of the larger Fayetteville-Lumberton-Pinehurst Combined Statistical Area, which is the 4th largest in North Carolina and home to 693,299 residents