' d='M31.6,3.5C5.9,13.6-6.6,42.7,3.5,68.4c10.1,25.7,39.2,38.3,64.9,28.1l-3.1-7.9c-21.3,8.4-45.4-2-53.8-23.3 c-8.4-21.3,2-45.4,23.3-53.8L31.6,3.5z'%3e%3canimateTransform attributeName='transform' attributeType='XML' type='rotate' dur='2s' from='0 50 50' to='360 50 50' repeatCount='indefinite' /%3e%3c/path%3e%3cpath
fill='rgba(0, 46, 92, 1)' d='M42.3,39.6c5.7-4.3,13.9-3.1,18.1,2.7c4.3,5.7,3.1,13.9-2.7,18.1l4.1,5.5c8.8-6.5,10.6-19,4.1-27.7 c-6.5-8.8-19-10.6-27.7-4.1L42.3,39.6z'%3e%3canimateTransform attributeName='transform' attributeType='XML' type='rotate' dur='1s' from='0 50 50' to='-360 50 50' repeatCount='indefinite' /%3e%3c/path%3e%3cpath
fill='rgba(0, 46, 92, 1)' d='M82,35.7C74.1,18,53.4,10.1,35.7,18S10.1,46.6,18,64.3l7.6-3.4c-6-13.5,0-29.3,13.5-35.3s29.3,0,35.3,13.5 L82,35.7z'%3e%3canimateTransform attributeName='transform' attributeType='XML' type='rotate' dur='2s' from='0 50 50' to='360 50 50' repeatCount='indefinite' /%3e%3c/path%3e%3c/svg%3e)
220 S Cherry Alley 220 South Cherry Alley, Elizabethtown, PA 17022
Self-Storage Facility
mrohm@landmarkcr.com
kagnew@landmarkcr.com
Property Description
Recently renovated and well-maintained self-storage facility located in Elizabethtown, Lancaster County. The property includes 31 interior access storage units with consistently high occupancy and attractive finishes. The entire property was renovated in 2022 including the addition of solar panels in 2023. The property will be an ideal amenity to nearby multifamily owners or a valuable addition to an existing self-storage portfolio. The facility size and price point are also modest enough to appeal to first time investors!
Area Description
Downtown Elizabethtown, PA, is a charming and vibrant area that perfectly blends historic charm with modern amenities. Located in the heart of Lancaster County, this picturesque town offers a welcoming community atmosphere with tree-lined streets, well-preserved historic buildings, and a variety of local shops and restaurants. Located less than a mile to Elizabethtown College, just 20 miles from Downtown Lancaster, 10 miles from Downtown Hershey, and just blocks from Center Square.
Highlights
• 24 hour access facility with keyless entry and digital video surveillance
• Renovated in 2022. Solar panels added in 2023 provides additional income
• Variety of unit size - diversifying tenant mix and appeal
• Located less than 1 mile from Elizabethtown College, 10 miles from Hershey and 20 miles from Lancaster
Full Address: 220 South Cherry Alley, Elizabethtown, PA 17022
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 84
Building Class: B
Zoning: Commercial
Region: E-NE
County: Lancaster County
Closest Cross Streets: Verdant
Use Type: Storage Facility
Property ID: 4041133
Lighting: Yes
Traffic Count: 12,116 VPD VPD
Clearance Height: 7-8'
Building Construction: Metal over wood frame
Roof: Metal
Building Sf: 2700
Parcel Num: 250-97573-0-0000
Number Units: 31
Number Buildings: 1
Year Built: 1925
Year Renovation: 2022
Free Standing: Yes
Cap Rate: 7.65
Tenancy Type: Multi-Tenant
• 24 hour access facility with keyless entry and digital video surveillance
• Renovated in 2022. Solar panels added in 2023 provides additional income
• Variety of unit size - diversifying tenant mix and appeal
• Located less than 1 mile from Elizabethtown College, 10 miles from Hershey and 20 miles from Lancaster