Cap Rate
8.35%
Tot. SF
14,097
264 E Dayton Dr, Fairborn, OH, 45324
Fairborn Storage$1,050,000
Key Information
Lot Size
1.47 Acres
Units
175
Year Built
1950/2015 (Expanded)
Type
Self Storage
Occupancy
91%
NOI
$87,305
Highlights
- Strong in-place cash flow with high day-one returns
- Ancillary income opportunity through implementation of tenant insurance, which is not currently offered.
- Low supply in the market with 6.87 square feet per capita within a five-mile radius.
- Ability to raise rates with in-place rents approximately 20% below market.
- Growing five-mile population of 72,567, increasing at 1.2%.
Photos
Location
Agents
C
Campbell WatkinsLicense # 430010 (GA)
J
Jack ConnellyLicense # 442098 (GA)
H
Hunter ReynoldsLicense # 414787 (GA)
A
Austin McLeodLicense # 394903 (GA)
Broker of Record
Matt Wallace
License # REC.2022007141 (OH), BRKP.2024002419 (OH)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203