135 Horner St Henderson, NC 27536
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 135 Horner St
- Year built
- 1990
- Property type
- Commercial real estate
- APN
- 0003 08004
- APU
- 308004
Description
This exceptional investment opportunity presents a well-located storage facility in downtown Henderson, North Carolina, situated on a 0.66-acre lot at 135 Horner Street. The facility comprises 74 individual storage units of varying sizes, currently boasting a 64% occupancy rate (47 of 74 units leased). At full capacity, the property projects a substantial monthly rental income of $5,310. This represents a significant return on investment, particularly considering the asking price is notably below the appraised value. The property's prime downtown location offers excellent visibility and accessibility, attracting a consistent stream of potential tenants. This makes it an ideal acquisition for investors seeking a stable, high-yield asset with significant upside potential. The existing tenant base provides immediate cash flow, while the substantial number of vacant units offer the opportunity to increase revenue quickly. This turnkey operation requires minimal management oversight, making it an attractive proposition for both seasoned and novice investors. The property's strong performance and below-appraised-value pricing present a compelling opportunity for immediate profit and long-term growth. Serious inquiries are encouraged.
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
- Henderson
- County
- Vance
- State
- North Carolina
- Longitude
- -78.4077
- Latitude
- 36.3254
- CBSA code
- 25780
- CBSA name
- HENDERSON, NC MICROPOLITAN STATISTICAL AREA
