Description
7.86% Cap! Rare, turnkey self-storage and industrial income property now available in the growing Etowah/Flat Rock corridor. 130 Oakland Hill Drive offers an investor or owner-user a stabilized self-storage operation (40 units), a contractor garage, open-air RV / boat / trailer storage, and a main industrial building with two bays, with immediate vacancy on one side – ready for owner occupancy or lease-up on day one. The current operator runs a car detailing business out of the main building and will vacate upon sale, giving the new owner a clean slate for their own use or the opportunity to capture market-rate lease income. Pro forma NOI of $55, 000 is well-supported by three years of trailing financials. 2025 reflects non-recurring capital expenditures with add-backs available to the underwriting-minded buyer. Full financials attached. Additional upside exists for a buyer who leases the main building or pushes rents on the storage inventory. Current ownership has invested meaningfully in the business and physical infrastructure – new automated gate system, redesigned website, and streamlined operations. The asset weathered Helene with no flooding, and is well-positioned for a new owner to step in and operate efficiently from day one. A full unit schedule is attached separately. Etowah sits at the heart of Henderson County’s commercial growth corridor, with easy access to Hendersonville, Brevard, and Asheville. Strong demand for self-storage and contractor/outdoor storage is driven by residential growth, the trades, and outdoor recreation culture. DO NOT DISTURB Tenants. All showings must be scheduled through List Agent(s). Proof of Funds or other Credibility Package required to schedule showing.
Address
Open on Google Maps-
Address: 130 Oakland Hills Drive, Etowah, North Carolina 28729
-
City: Etowah
-
State/county: NC
-
Zip/Postal Code: 28729
Details
Updated on June 29, 2026 at 7:43 pm-
Property ID 4368999
-
Price $699,500
-
Bathroom 1
-
Year Built 1965
-
Property Type Special Purpose, Commercial Sale
-
Property Status Active, For Sale
Additional details
-
Roof Aluminum
-
Sewer Septic Installed
-
County Henderson
-
Property Type Commercial Sale
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
166 Dotson Street, Rock Hill, South Carolina 29732
166 Dotson Street, Rock Hill, South Carolina 29732, Rock Hill, SC- Special Purpose, Commercial Sale
1715 Morningstar Church Road, Lenoir, North Carolina 28645
1715 Morningstar Church Road, Lenoir, North Carolina 28645, Lenoir, NC- 1430 m²
- Special Purpose, Commercial Sale
220 S Broad Street, Gastonia, North Carolina 28054
220 S Broad Street, Gastonia, North Carolina 28054, Gastonia, NC- 8460 m²
- Special Purpose, Commercial Sale
11685 Reed Mine Road, Midland, North Carolina 28107
11685 Reed Mine Road, Midland, North Carolina 28107, Midland, NC- Special Purpose, Commercial Sale
- The Simpson Group Realty