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Asheville Self Storage Facility
For Sale
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Pending

990 Sand Hill Rd, Asheville, NC 28806

44,800 SF self-storage facility with upside potential.

Property Size44,800 SF
Days on Market206

Property Features for 990 Sand Hill Rd

General Information

Standard status Pending
Size 44,800 SF
Property subtype Self Storage
Occupancy 89%

Building Details

Year Renovated 2007
Units 375
Listing Agency: JLL - Houston, Texas
Listed By: Steve Mellon · License #445593
Source: Crexi
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 20 at 4:41PM

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 JLL - Houston, Texas

Investment Insights

Based on property information with market context.

MyPlace Self Storage of Asheville is a self-storage facility totaling 44,800 rentable square feet. The property contains 375 units and is currently 89.6% physically occupied. The facility has a history of strong operational performance and provides day-one cash flow while offering substantial upside potential. The property is part of a larger 16-property self-storage portfolio located in Georgia, South Carolina, North Carolina, and Virginia. The seller is open to splitting up the larger portfolio into multiple sub-portfolio or single-property transactions. Offers are due February 19th 2026. The property is located at 990 Sand Hill Road, Asheville, NC 28806.

Key Highlights

  • High Current Occupancy: 89.6% physically occupied, indicating strong existing demand.
  • Immediate Cash Flow: Provides excellent day‑one cash flow.
  • Upside Potential: Offers substantial upside potential for long‑term value enhancement.

Property Analytics

Current Use

Asheville Mini Storage Storage Facility MyPlace Self Storage Storage Facility Dr. Charlie Hamilton, ... Physician

Suggested Use

Top Pick Real Estate Agency Hair Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Bakery Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 28806, NC

44,621
Population
21,185
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
38.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$59,925
Median Household Income
$37,743
Median Earnings
$1,224
Median Rent
$335,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - 44,800 SF self-storage facility with upside potential.
Where is this self storage facility located?
The property is located at 990 Sand Hill Rd Asheville, NC.
What are key features of this property?
This property features: High Current Occupancy: 89.6% physically occupied, indicating strong existing demand.; Immediate Cash Flow: Provides excellent day‑one cash flow.; Upside Potential: Offers substantial upside potential for long‑term value enhancement.
(713) 425-5835 Call to check price and availability
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