Description

We are pleased to present this opportunity. TRG Mini Storage & Carwash is a well-positioned self-storage investment opportunity located at 406 E Hamlet Ave, Hamlet, North Carolina. Situated on a 2.28-acre corner lot in the Hamlet-Rockingham submarket, the property offers approximately 14,500 rentable square feet and is currently operating at 90.8% physical occupancy. Built in 1997, the facility features 142 self-storage units, a four-bay self-service car wash, a two-car garage with office space, a one-bedroom on-site apartment, and 15 parking spaces, providing multiple income-generating components within a single investment.

Offered at an asking price of $1,575,000, the property reports a current cap rate of 8.38% and a net operating income (NOI) of $132,039, with seller financing available. Combining diversified revenue streams, strong in-place occupancy, and a strategic location, TRG Mini Storage & Carwash presents an established self-storage investment opportunity with existing cash flow.