1239 Kenric Rd

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1239 Kenric Rd

Lumberton, NC 28360
Asking Price
Contact for price
Asset Type
Self-storage
Class
Class B

What's Special

Lumberton MSA <p><strong>NC Auctioneer Robert Gates NC 4823.</strong></p><ul><li>​Cash-flowing self-storage facility featuring 95 non-climate units totaling 11,250 net rentable square feet and 31 outdoor parking rentals</li><li>​Strong occupancy trends and successful lease-up since the beginning of 2025</li><li>​Facility sits on a 5.03-acre lot, offering ample room for future expansion</li><li>​Opportunity to increase revenue through stabilization and the implementation of existing customer rent increases</li

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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