











1/1317 Narrows Road, Frasers Mountain, NS B2H5C4
$225,000 total
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
83%
Lot Size
0.98 ac
Clear height
34 ft
Loading docks
5
Unlock Your Investment Potential with a Prime Storage Unit Business! Are you ready to step into a lucrative investment opportunity? Look no further! We present to you a thriving storage unit business featuring 24 units, strategically located on almost an acre of land just minutes from New Glasgow! 8 new units were added two years ago. With a solid client base, some that have remained loyal for approximately 10 years, this business boasts an impressive regular 80-100% occupancy rate, ensuring a steady stream of income. The diverse range of unit sizes caters to various needs, making it a go-to solution for both individual and commercial clients. With storage demand on the rise, theres significant room for increased revenue.Whether youre an entrepreneur looking to make your mark or an investor seeking a reliable asset, this opportunity is too good to pass up. Established client relationships and consistent occupancy levels mean youre stepping into a business with strong fundamentals. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$12K
Annual cash flow
$-471
Cash-on-cash
-0.70%
DSCR
0.96
Going-in cap
5.33%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
71,251
Households
30,904
Median income
$116,500
Median age
35.2
Daytime population
117,233
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 17 Narrows Road, Frasers Mountain.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.