Description
One business with two properties! 2385 Oak Hill Rd and 1420 E. Mt.Vernon St, Somerset, KY, with a total of 129 units at the heart of the Lake Cumberland tourist hotbed- Over 4 million unique visitors annually to the lake - more than Yellowstone National Park- Great locations on opposite sides of town- Somerset, KY is The Capital of Lake Cumberland- Mix of mini storage and boat storage- Remotely operated via StorEdge software- Currently 94% physical occupancy- Currently 81% economic occupancy- Opportunity to increase revenue through lease up,stabilization, and tenant insurance- Local property management available
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0BEDS
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2.93ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
One business with two properties! 2385 Oak Hill Rd and 1420 E. Mt.Vernon St, Somerset, KY, with a total of 129 units at the heart of the Lake Cumberland tourist hotbed- Over 4 million unique visitors annually to the lake - more than Yellowstone National Park- Great locations on opposite sides of town- Somerset, KY is The Capital of Lake Cumberland- Mix of mini storage and boat storage- Remotely operated via StorEdge software- Currently 94% physical occupancy- Currently 81% economic occupancy- Opportunity to increase revenue through lease up,stabilization, and tenant insurance- Local property management available
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Listing provided courtesy of Erica Clark of Coldwell Banker Mcmahan: (859) 625-5559 . Listing information © 2023 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.