400 Mccotter Blvd Havelock, NC 28532-3220
This stabilized self-storage facility in Havelock, North Carolina, presents a compelling investment opportunity. The property boasts 1,526 units totaling 191,469 net rentable square feet, offering a mix of ground-level drive-up and climate-controlled interior storage spaces. Currently operating at 78.1% occupancy as of September 30, 2024, the facility benefits from a prime location near Marine Corps Air Station Cherry Point, supporting a robust local economy and a consistent demand for storage solutions. The 12.3-acre lot provides ample space. Convenient amenities include on-site dollies and handcarts, month-to-month leases, and the availability of boxes and supplies for purchase, along with online reservations and bill pay. The property's strategic location near Interstate 70 ensures easy accessibility for customers in surrounding areas. The Havelock area is experiencing significant growth, further enhancing the property's long-term potential. This investment offers attractive pricing and the potential to increase income through supplemental streams such as tenant insurance and merchandise sales. The proximity to Cherry Plaza Shopping Center and Atlantic Beach adds to the area's appeal. Future infrastructure upgrades and commercial expansions are expected to further boost Havelock's economic performance, making this a strong investment with promising returns.
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FreeUp Storage Havelock Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.