991 Mdws Mem Blvd Beckley, WV 25801
- Self storage facilities
- 8.52 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 991 Mdws Mem Blvd
- Year built
- 2023
- Lot size
- 8.52 lot acres
- Property type
- Self storage facilities
Description
This exceptional investment opportunity comprises a six-building, 85,260-square-foot self-storage portfolio located in Beckley and Ronceverte, West Virginia. Constructed in 2023/2024, this fee-simple portfolio boasts 735 units across two-story buildings situated on a combined 8.52 acres. The properties enjoy prime locations directly off major thoroughfares with high traffic counts, ensuring strong visibility and accessibility. Notably, there are no competing self-storage developments planned or under construction within a five-mile radius of either facility. This presents a unique opportunity to acquire a Class A & B institutional-quality product in markets exhibiting a robust physical lease-up trajectory. The portfolio projects a pro-forma NOI of $1,207,250, making it an attractive investment for discerning buyers seeking strong returns in a growing market. The Beckley location is at 991 Clarence W Mdws Mem Blvd, Beckley, WV 25801, while the Ronceverte location is at 1367 Maplewood Ave, Ronceverte, WV 24970.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beckley
- County
- Raleigh
- State
- West Virginia
- Longitude
- -81.171
- Latitude
- 37.7967