Grandstone Investment Sales is pleased to exclusively present Apple Country
Storage, a convenient drive-up facility located in Hilton, New York, just outside
the Rochester MSA. Priced at $88.50 per NRSF, the property spans 4.40 acres
and comprises 39,550 NRSF across 211 non-climate-controlled units. The
facility is 92.54% physically occupied, with additional upside, as it is currently
76.67% economically occupied. Developed in phases from 2022–2024, the
property is in immaculate condition and exceptionally well-maintained.
Apple Country Storage features top-tier amenities, including a keypad gate/
fence, two entrances, and convenient off-street access. Located just a block off
State Route 18, the property benefits from excellent visibility, with approximately
5,700 cars per day passing by, and is only 12 miles from the Rochester MSA.
Since the completion of Phase 2, the facility has leased up at a strong pace,
growing roughly 4% per month, and now sits at 92.54% occupancy.
The surrounding demographics are strong, with 26,017 residents within a 5-mile
radius and a median household income of $89,299. The area is experiencing
sizable growth, highlighted by a $15M residential subdivision located just 0.49
miles away.
INVESTMENT
HIGHLIGHTS
PRICING & VALUATION
• PRICE $3,500,000 / $88.50 PRSF
• YEAR 1 6.68 % CAP RATE
PROPERTY OVERVIEW
• NET RENTABLE SQUARE FEET: 39,550
• TOTAL UNIT COUNT: 211 UNITS
CONDITION & UPSIDE
• OWNER MANAGED
• RECENT PHASE II OF 15,000 NRSF
• GATED KEYPAD ENTRANCE
Brian Brockman | Bang Realty-New York Inc | Tel: 513.898.1551 | Bor@bangrealty.com | License: 10311208985
