519 Macdade Blvd Collingdale Delaware County Pa 19023

21,000 sf Self Storage Facility

Sold
  • Delco Storage 154 unit operating facility
  • Well Established Mini Storage facility of 154 units
  • Pizza shop on the corner and 3 bed apartment on the 2nd floor
  • UPSIDE: Low rents across the board on the self storage facility, light advertising….etc.
  • Great Signage and Visibility!
  • (110) 10′ x10′ – rented for $70-90 per month
  • (26) 5′ x7′ – rented $55-60 per month
  • (26) 5′ x5′ – rented for $35 per month
  • (2) 10′ x18′ – rented for $115 per month
  • Little to no advertising done
  • Way below competition’ s rates (MUCH UPSIDE).
  • Last Ownership invested over $900k in upgrades and improvements Freight elevators, full security and fully sprinklered.
  • Currently at 70% occupancy (UPSIDE)
  • Pizza shop (over $150k invested with new operator)
  • Large 3 bedroom apartment on the 2nd floor rented for $950 per month (UPSIDE)
  • Operating Expenses (Current): $29,981.00
  • Along the welll-traveled Macdade Blvd with easy access to Rt. 1, Blue Route (476) & I-95.
  • VPD +/- 14,000
Property Features
  • Industrial/Warehouse, Retail, Apartments, Mixed-use, Commercial
  • Land is 0.48 acre
  • Floor Area is 21000 sqft
  • Satellite
  • Street View
  • Transit