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Property profile & analytics
OFF-MARKET
Self storage facilities

731 Nicholas St Elizabethtown, KY 42701

Entity Owned 3-yr Hold
Property ID
US34-0096367
Property summary
AI-generated overview

Exceptional investment opportunity: a brand new, turnkey self-storage facility in Elizabethtown, Kentucky, is now available for purchase at $6,800,000. This state-of-the-art facility boasts a prime location, situated directly across the street from approximately 300 single-family homes and a short distance from approximately 200 apartment units, ensuring a strong and readily available customer base. The facility is already generating income, with some units, including fully enclosed boat and RV storage, currently leased. This presents a unique chance to acquire a profitable, established business with significant growth potential. The property is conveniently located at 731 Nicholas St, Elizabethtown, KY 42701, in Hardin County. The "Hub City Storage" facility offers a compelling investment prospect for those seeking a high-return, low-maintenance venture in a thriving Kentucky market. Its strategic location and the early success of leasing indicate a promising future for continued revenue generation and potential expansion. This turnkey operation minimizes the initial setup and operational challenges, allowing for immediate income generation and a streamlined investment experience. The combination of a prime location, existing tenant base, and the inherent demand for self-storage units makes this a truly exceptional opportunity.

Property profile
Verified
Property type Self storage facilities
UPID US34-0096367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Nicholas Street LLC · 3 yrs held
Nicholas Street LLC
since 2023
2 recorded transactions
2023
Price N/A
2023
$104,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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