$1,200,000
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330 Robeson Street Reading, PA 19601 Municipality: Reading City
Other
Residence
Beds
Baths
...
Bed/Bath
19,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
330 Robeson Street and 1015 Rose Street in Reading, PA are being offered as a combined sale, featuring 96 self-storage units and 3 parking spaces. These adjacent parcels form a cohesive operational cluster, centrally located with excellent visibility and accessibility. The unit mix includes (5) 6x10... units, (1) 20x25 unit, and 3 parking spaces. The combined site boasts strong historical occupancy and offers streamlined management with substantial upside potential. Current income stands at $115,543 with a net operating income (NOI) of $90,250.08, reflecting a 7.5% CAP rate. The pro forma income projects $178,650 with an NOI of $142,848, yielding a compelling 12% pro forma CAP rate. The properties are not available separately, and all performance metrics reflect their combined operations. This package presents a rare opportunity for investors seeking immediate scale, stable cash flow, and a high-performing asset in the Reading self-storage market. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units
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MLS#
PABK2060562
Property Type
Other
Year Built
1930
Square Feet
19,000
sq. ft
Price per Sq. Ft.
$63.16
Lot Size
0.17
Sewer
No Sewer
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