78 State Frst Rd Groton, VT 05046
This exceptional investment opportunity presents a 21-unit building constructed in 2014, situated on a spacious 3.1-acre lot in Groton, Vermont. The property is conveniently located just two miles north of Groton's town center, offering easy access to local amenities. The building comprises twelve 10x10 units and nine 10x20 units, providing a diverse mix of rental options. Currently operating as a stabilized and cash-flowing facility, this property presents significant upside potential. The existing rental rates are below market value, allowing for immediate increases to match the higher rates observed in comparable nearby properties. This translates to a substantial boost in revenue and a strong return on investment. The 3,030 square foot building offers a solid foundation for a thriving rental business. With its established tenant base and potential for rental rate increases, this property is an ideal acquisition for investors seeking immediate income and long-term growth. The property's size and location make it an attractive option for a variety of uses, offering flexibility for future development or expansion. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable Vermont location. The asking price is $215,000.
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Groton Mini Storage 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 2023Comparables
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.