Appelman Capital

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GATEWAY SELF STORAGE

PROPERTY DETAILS

HEBRON, KENTUCKY — Appelman Properties, a prominent real estate development company, has announced its acquisition of a 21.5-acre tract of land in Hebron, Kentucky, zoned as Industrial I-1. The company plans to transform the area into a multi-purpose self-storage facility, offering a variety of services, including Boat & RV Storage, U-Haul, and moving supplies.

Josh Appelman, Founder & CEO of Appelman Properties, expressed his excitement about the venture, emphasizing that the project will not only serve the storage needs of the local community but also create a significant number of jobs in the region.

“We are absolutely thrilled to bring this development to Hebron,” Appelman said. “Not only will we provide essential storage solutions for residents and businesses, but we’re also committed to positively impacting the local economy by creating job opportunities. This project aligns perfectly with our company’s mission to build sustainable, community-focused developments.”

The Hebron project is a strategic move for Appelman Properties, which has a strong track record of successful real estate projects in several states. The land’s Industrial I-1 zoning will allow the company to develop a variety of storage solutions to cater to a broad range of needs, from personal storage space to commercial storage options.

Appelman Properties’ decision to include Boat & RV Storage and U-Haul services, along with moving supplies, underlines its comprehensive approach to addressing storage needs. The proposed development aims to provide an all-in-one solution for storage and moving, potentially simplifying the process for individuals and businesses in the Hebron area.

Moreover, the new development is expected to contribute significantly to Hebron’s economy. In addition to construction jobs created during the development phase, the completed facility will need a full staff to manage operations, provide customer service, and maintain the property.

Appelman concluded, “This is a significant investment in the Hebron community. We’re confident it will not only provide much-needed storage solutions but also contribute to the local economy in a meaningful way.”

Construction on the site is expected to begin later this year, with an anticipated completion date within the next 18 to 24 months. Further details about the development will be released as the project progresses.

PROPERTY DETAILS

Property Type

Land

Units

Closing Date

2023

Number of Storeys

Year Built

INVESTMENT STRATEGY

Holding Period

TBD

Strategy

Development

PROPERTY LOCATION
2550 Conrad Lane Hebron KY 41015