hilton-parma self storage

150 Old Hojack Lane, Hilton, NY | $2,500,000

Grandstone Investment Sales is pleased to exclusively present Hilton-Parma Storage, a well-located self-storage facility in Hilton, New York, just outside the Rochester MSA. The property recently added 30 enclosed boat and RV storage units, which are set to receive their certificate of occupancy. The facility spans 11.96 acres and comprises 29,800 NRSF across 134 non-climate-controlled units and 30 enclosed boat/RV storage units, developed in phases between 2023 and 2026, and is in excellent condition.

Hilton-Parma Storage offers top-tier amenities, including gated keypad access, perimeter fencing, and convenient off-street access. Located just one block off State Route 18, the property enjoys strong visibility, with approximately 5,700 vehicles passing daily, and is only 12 miles from the Rochester MSA.

With more than 11 acres of land, the site provides significant expansion potential, supported by permitted plans to add an additional 12,000 NRSF of enclosed boat and RV storage. The surrounding demographics are strong, with 25,854 residents within a five-mile radius and a median household income of $89,299. The area is experiencing notable growth, including a $15 million residential subdivision located just 0.49 miles from the property.

INVESTMENT
HIGHLIGHTS

PRICING & VALUATION

  • PRICE $2,500,000
  • YEAR 1 7.61% Cap

PROPERTY OVERVIEW

  • NET RENTABLE SQUARE FEET: 29,800
  • TOTAL UNIT COUNT: 226 UNITS

CONDITION & UPSIDE

  • SELF-MANAGED
  • RECENT BOAT/RVADDITION 12,000 NRSF
  • GATED KEYPAD ENTRANCE
  • PERMITTED EXPANSION 12,000 NRSF

Brian Brockman | Bang Realty-New York Inc | Tel: 513.898.1551 | Bor@bangrealty.com | License: 10311208985

862.591.7070 | Meir@Grandstoneis.com

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