601 Milton Ray Dr Winchester, VA 22603
- Self storage facilities
- 13.03 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 601 Milton Ray Dr
- Year built
- 2021
- Lot size
- 13.03 lot acres
- Property type
- Self storage facilities
Description
This exceptional investment opportunity presents a Class A, 113,650-square-foot self-storage portfolio in Winchester, Virginia. Comprising ten single-story buildings on 13.03 acres, this portfolio boasts 722 units with an impressive 85% occupancy rate as of July 31, 2024. Built between 2021 and 2024, the facilities are strategically located at 601 Milton Ray Dr and 1350 N Frederick Pike, Winchester, VA 22603, within Frederick County. The properties are zoned B2 and operate under fee simple ownership. The portfolio benefits from Winchester's robust population growth and high median income (over $80,000), exceeding national averages. Current rental rates are at market-top levels, outperforming competitors in most units. This portfolio offers a compelling opportunity for investors seeking high-yield returns in a rapidly expanding market. The APN numbers are 53A A 1/43 A 98A. This is a rare chance to acquire a well-performing, high-quality self-storage asset in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Frederick
- State
- Virginia
- Longitude
- -78.1328
- Latitude
- 39.2238
