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135 Horner St Henderson, NC 27536

For Sale
$299,000

High-yield storage, below appraised value.

Description

Added:
Feb 3, 2025
Days on Market:
306
This exceptional investment opportunity presents a well-located storage facility in downtown Henderson, North Carolina, situated on a 0.66-acre lot at 135 Horner Street. The facility comprises 74 individual storage units of varying sizes, currently boasting a 64% occupancy rate (47 of 74 units leased). At full capacity, the property projects a substantial monthly rental income of $5,310. This represents a significant return on investment, particularly considering the asking price is notably below the appraised value. The property's prime downtown location offers excellent visibility and accessibility, attracting a consistent stream of potential tenants. This makes it an ideal acquisition for investors seeking a stable, high-yield asset with significant upside potential. The existing tenant base provides immediate cash flow, while the substantial number of vacant units offer the opportunity to increase revenue quickly. This turnkey operation requires minimal management oversight, making it an attractive proposition for both seasoned and novice investors. The property's strong performance and below-appraised-value pricing present a compelling opportunity for immediate profit and long-term growth. Serious inquiries are encouraged.

Property Features for 135 Horner St

General Information

Property type
Other commercial real estate
Lot Size
28,750 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Henderson
County
Vance
State
North Carolina
Longitude
-78.40767
Latitude
36.32538

FAQs

What type of property is this?
Commercial real estate - High-yield storage, below appraised value.
Where is this commercial real estate located?
The property is located at 135 Horner St Henderson, NC.
What is the asking price?
The asking price for this property is $299,000.
More about this property
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