731 Nicholas St Elizabethtown, KY 42701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.