16 Enviro DR, Moncton, NB, E1G 5X5

MLS® # NB138412

Commercial For Sale In Moncton, New Brunswick

$2,600,000

None Beds

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16 Enviro DR, Moncton, NB, E1G 5X5

$2,600,000

Property Information:

136-unit drive-up self storage facility with 6 additional exterior units situated on 3.6 acres in Moncton, N.B. Currently 90% occupied. Industrial land parcel with excellent access to Berry Mills Road and the Trans-Canada Highway, this property is well positioned in a growing commercial corridor. All units feature 24/7 digital mobile access. Property is fully gated with perimeter lighting and camera surveillance throughout. A portion of the land is undeveloped, graded and prepped in 2021, with a 330x20 ft pad ready for 33 additional 10x20 units or other configurations. No site prep costs. Expansion upside is built into the land you already own. Self storage is the only CRE asset class that posted positive returns during the 2008 recession. Demand rises with downsizing, relocation, and household disruption, the same conditions a recession creates. Boots-on-ground management in place. Third-party management company available through transition. Income from day one. Well-located and scalable, this is a rare opportunity to acquire a modern, stabilized storage asset with upside in a strong and expanding Moncton market. Financial details available upon request.

Building Features:

Total Finished Area: 18000 Square Feet

Property Features:

Built in: 2023
Construction: Metal, Steel Frame
Driveway: Gravel
Exterior: Metal
Features: Storage, Outdoor Storage, Security Gate, Storage Building
Floor: Concrete
Heating Cooling: None
Land Features: Fully Fenced, Level
Property Size: 3.0 - 9.99 Acres
Roof: Metal
Site Influences: High Traffic Location, Industrial Park
Title To Land: Freehold

Courtesy of: EXIT Realty Associates

Data provided by: New Brunswick REALTORS® du Nouveau-Brunswick 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

3.22%

Price change (1 year)

65.76%

Price change (5 years)

All Properties

3.4%

Price change (1 year)

68.28%

Price change (5 years)

Location of 16 Enviro DR, Moncton, NB, E1G 5X5

Lifestyle
Neighbourhood

Demographic Information of 16 Enviro DR, Moncton, NB, E1G 5X5

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$118,012.64

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.09 %

High school certificate or equivalent

39.4 %

Apprenticeship trade certificate/diploma

7.05 %

College/non-university certificate

23.38 %

University Degree

15.08 %

Commuter

Travel To Work

By Car

95.75 %

By Public Transit

0.0 %

By Walking

0.02 %

By Bicycle

0.0 %

By Other Methods

4.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 16 Enviro DR, Moncton, NB, E1G 5X5

Demographic Information of 16 Enviro DR, Moncton, NB, E1G 5X5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

16 Enviro DR, Moncton, NB, E1G 5X5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing