Real Estate - Yorktown, VA, US
Ascendant is actively seeking self-storage facilities that are under construction, have recently been issued a Certificate of Occupancy, or are in the early stages of lease-up. Our clients generally prefer Class "A" facilities with strong traffic patterns, optimal street access, and proximity to busy retail hubs in urban and suburban markets; however; each asset and location will be evaluated on its own unique merits. Our underwriting process is based on a comprehensive analysis of the asset or portfolio, including projected rents and expenses, supply and demand, demographic and population trends, comparable sales, and current or planned construction in the surrounding area. The resulting estimation of NOI will be used to derive current value, which will, in turn, be the basis of any offer package delivered to the seller or their designated representative.Ascendant is an affiliated entity of Mid-Atlantic Commercial Real Estate located at 110 Mid Atlantic Place, Yorktown, VA 23693 (www.midatlanticcommerical.com)
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