73 Birch St Philippi, WV

This stabilized, cash-flowing self-storage facility features 82 non-climate controlled units, totaling 11,400 net rentable square feet. The facility is located in Philippi, West Virginia, along the Tygart Valley River, within Barbour County. The property sits on a 0.78-acre lot, offering room for a small storage expansion or the addition of outdoor parking rentals. There is an opportunity to increase revenue through rent increases and the implementation of existing customer rent increases. The immediate trade area has limited competition, with a saturation rate of 4.5 SF/capita within five miles of the property. Additional revenue potential exists through maximizing fee income and the implementation of tenant insurance sales. The average household income within three miles of the property is $70,265. Philippi is the county seat of Barbour County, which is home to 15,369 residents.