Just minutes from Int-33 in a rapidly developing Easton area is this fully operational self-storage facility with 2 locations plus additional rental income. Current Cap Rate at over 5% and a new management company is in place, reducing outgoing and showing even higher monthly projections. LOCATION ONE: 1340 Tatamy is a 3.33-acre lot gated self-storage facility that consists of a blend of multiple-sized storage units, a small business office, along with parking for RVs, boats, and single parking spaces. Additionally included at this location is a beautiful home with 2-3 bedrooms and 2 full baths that was recently vacated and is currently on the market to be rented. This could be used as additional income or home-base of operations for new owners. There is also a large 2000 sq ft detached workshop with an office and a restroom above that is currently rented out. This location is grandfathered for a 3-business allowance. Property is Zoned Po/Ip-Planned Office/Industrial Park. (This location had previously been approved for 2, 2-story climate-controlled buildings for expansion) LOCATION TWO: 3361 Fox Hill Rd (just a couple of minutes away), this is a 3.3-acre fenced and automated self-parking lot. This was completed just a few years back and is currently at 80% capacity. This property is zoned Pi/C-Planned Industrial/Commercial.
Listing courtesy of Keller Williams Allentown.
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