North Street Storage
14 North St
Oneonta, NY 13820
Highlights
- Prime investment opportunity in New York’s thriving self-storage market
- High occupancy rate of 95.7%, providing immediate cash flow
- 8,330 square feet of rentable space across 70 well-maintained units in various sizes
- Recent expansion includes modern interior storage to meet growing demand
- Remote management system in place
- Offers stability, scalability, and strategic upgrades
- Well-positioned for continued growth in a resilient sector
Description
Discover a prime investment opportunity in New York’s thriving self-storage market. This highly occupied facility boasts 95.7% occupancy, delivering immediate cash flow and strong long-term upside. Spanning 8,330 square feet of rentable space across 70 well-maintained units in various sizes, the property has recently been expanded with modern interior storage to meet growing demand. A remote management system is already in place, ensuring efficient, hassle-free ownership. With its combination of stability, scalability, and strategic upgrades, this asset is perfectly positioned for continued growth in a resilient sector.
Strategically located between Albany and Binghamton, Oneonta functions as a regional hub with a diverse and stable economic foundation anchored by the healthcare, education, and retail sectors. Home to both SUNY Oneonta and Hartwick College, the city benefits from a steady residential population as well as seasonal demand driven by students and tourism. This consistent activity fuels strong, year-round demand for self-storage. Positioned within a resilient and reliable submarket of New York, the property presents an ideal opportunity for investors seeking immediate income and long-term value.
