129-Unit Self Storage
For Sale
Contact for pricing
2398 Oak Hill Rd, Somerset, KY 42503
Two-property operation combining mini storage and boat storage with remote management capabilities.
Property SizeContact for details
Days on Market144
Property Features for 2398 Oak Hill Rd
General Information
Standard status
Active
Property subtype
Self Storage
Occupancy
94%
Additional Details
Business Included
Yes
Self-Storage Units
129
Listing Agency:
Coldwell Banker McMahan Richmond
Listed By:
Erica Clark · License #KY
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 8:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker McMahan Richmond
Investment Insights
Based on property information with market context.
This self-storage portfolio comprises two properties with 129 units in total, offering a combination of mini-storage and boat-storage capacity. Operations are supported remotely through StorEdge software, providing centralized management across both locations.
The properties are positioned on opposite sides of Somerset, within the Lake Cumberland tourism market. Current physical occupancy is 94%, while economic occupancy is 81%. Local property management is available, and the portfolio offers operational avenues tied to lease-up, stabilization, and tenant insurance.
The properties are positioned on opposite sides of Somerset, within the Lake Cumberland tourism market. Current physical occupancy is 94%, while economic occupancy is 81%. Local property management is available, and the portfolio offers operational avenues tied to lease-up, stabilization, and tenant insurance.
Key Highlights
- 129 total storage units across two properties
- Mix of mini‑storage and boat‑storage units
- Remote operations supported by StorEdge software
Property Analytics
Current Use
Lease Details
94%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 42503, KY
24,670
Population
11,588
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
85%
High-School Grad
129.5 sq mi
ZIP Area
191
Density / Sq Mi
$53,377
Median Household Income
$35,319
Median Earnings
$873
Median Rent
$198,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Two-property operation combining mini storage and boat storage with remote management capabilities.
Where is this self storage facility located?
The property is located at 2398 Oak Hill Rd Somerset, KY.
What are key features of this property?
This property features: 129 total storage units across two properties; Mix of mini‑storage and boat‑storage units; Remote operations supported by StorEdge software
