6301 3Rd StDayton, OH 45417

This exceptional investment opportunity presents a 25,419 square foot, Class B self-storage facility and car wash located at 6301 West Third Street, Dayton, OH 45417. Built in 2007, the property boasts 186 units across 11 single-story buildings situated on a 4.62-acre lot. Currently operating under a gross lease with multi-tenancy, the property offers a stabilized investment with a compelling 8.22% cap rate and a Pro-Forma NOI of $176,684. The property is priced at $2,150,000 and features significant upside potential. Rental rates are currently 47% below market, presenting a clear path to increased profitability. Further value-add opportunities exist through completing the fencing and paving of the facility, which is only partially finished. The property benefits from its location in a high-traffic retail corridor in Dayton, a city experiencing significant recent investment. The seller is offering financing options, with up to 50% of the purchase price available. The occupancy date is April 30, 2024. This is a rare opportunity to acquire a well-positioned, value-add self-storage and car wash property in a growing market.