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6465 Carlisle PikeMechanicsburg, PA 17050Price: $650,000

  • Price: $650,000
  • 84 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $650,000List Price
  • 1.5Acreage

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Subject to a 99 year land lease at $1 per year. This is your chance to own the Quick Quality Storage facility conveniently located on Carlisle Pike with a fantastic commercial location near Walmart, Target, Best Buy, Aldis, Wegmans, and many other well established businesses. This will be an off-conveyance of a larger property and after subdivision the storage portion will be 1.25-1.5 acres approximately. The storage parcel sits up on a ledge with great visibility just behind the new ModWash. There are currently about 99 units with a total square foot number of roughly 10,150. The owners have done some improvements such as all new roll up doors ($56,006 in 2020) and paint & repairs to the exterior ($10,695 in 2021). With the current rent roll there is an 7.6% Cap Rate and at the current Occupancy Rate (97.3%) a Pro Forma Cap Rate of 15.6% if all in-place rents were modified to the new amount.

Property Details of 6465 Carlisle Pike

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Listed by Diana L. Whitney and Paul Justin Whitney of Whitney-Wallace Commercial Real Estate Services,LLC

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 26, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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