Beau Beach, MBA CCIM presents:
First time ever available for purchase. This is a unique value-add self storage unit opportunity for an entrepreneurial investor.
Current Rent Roll
The property offers 7 total buildings on 5.6 acres. 6 of the buildings are used for boat storage with 56 total units.
| # Units | Size | Annual Rent | Notes |
| 31 | 12×30 | $800 | Gravel floor |
| 13 | 15×40 | $1,200 | Gravel floor |
| 2 | 15×40 | $1,800 | Larger door, gravel floor |
| 10 | 15×40 | $1,600 | Concrete floor |
| 56 | $60,000 |
The 7th building is leased to the seller, Performance Marine, a full service boat dealership. Performance Marine will enter into a one year sale-leaseback and pay $5000 per month.
Therefore, total current rent roll is $120,000 per year.
Value-Add Opportunity
Substantial unused land to construct traditional storage units or more boat storage. Exterior RV storage is also possible and in demand. Demand exceeds supply for storage units in the area. No professional competition in the submarket.
The like-new marine building is 7,200 SF. Buyer will have one year of lead time to secure a new tenant for this attractive industrial building with offices and showroom. Functional industrial buildings are difficult to find and in high demand.
No known constraints to adding additional storage buildings or exterior storage.
Lucrative Location
Located just outside Campbellsville on the main road (New Columbia Road/Highway 55) that connects Campbellsville to Green River Lake. Green River Lake pulls visitors from Louisville, Lexington, Bardstown and Elizabethtown.
Built in 1999 and later expanded. No floodplain. Located within an Opportunity Zone.
Priced to ensure a timely sale. Don’t miss this opportunity. We’ll prepare all the paperwork.
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LOCATION DESCRIPTION
Campbellsville
Campbellsville is a city in central Kentucky. It is known for Campbellsville University, Taylor Regional Hospital health care system, its historic downtown, and the proximity to Green River Lake. Campbellsville is the county seat of Taylor County. As of the 2020 census, the population of Taylor County was 26,023.
Green River Lake
Green River Lake is a 8,210-acre reservoir in Adair, Taylor, and Casey counties in Kentucky lying in the section of Kentucky known as the Highland Rim.
The lake was developed by the United States Army Corps of Engineers in 1969 by impounding the Green River. The dam is an 11-mile drive equidistant from the cities of Campbellsville and Columbia. The lake is located 90 miles southeast of Louisville. The lake has become the major attraction of Green River Lake State Park.
Green River Lake State Park encompasses 1,331 acres. The park has a marina with 200 slips and boat rentals, a 157-site campground, and 28 miles of trails for hiking, biking, and horseback riding.
- Price: $1,999,000
- Area: 5.6 acres
- Phone Number: 615-200-9330