939 Watts Crk Rd Williamsburg, KY 40769-9203

This exceptional self-storage facility presents a compelling investment opportunity in Williamsburg, Kentucky. Located at 939 Watts Creek Rd, 40769, this single-story, 2,808 square foot building sits on a 0.348-acre lot and boasts 32 units, currently operating at 55% occupancy. Built in 2008 and extensively renovated in 2022/2023, the property features a new metal roof, new gutters, improved drainage, and solar sensor lights. The facility includes 24 units measuring 8' x 12' and 8 units measuring 6' x 10', all enclosed within a chain-link fence. The asking price is $180,000, representing a price per square foot of $64.10 and a price per unit of $5,625. The property's Net Operating Income (NOI) is $9,063, yielding a 5.04% cap rate. The 12-foot ceiling height provides ample storage space. The property is zoned Rural and offers significant potential for increased occupancy and revenue. This is a vacant, gross lease, net lease investment opportunity. The property is ready for a new owner to maximize its potential. Recent improvements include a new metal roof, new gutters, improved drainage, and solar sensor lights. The property is fully fenced for security.