112 Benton Way - Self-Storage Facilities FOR SALE


Benton, TN 37307
$1,900,000 USD
407-500-0109
112 Benton Way, Benton, TN for Sale
$1,900,000 USD
Self-Storage Facilities - FOR SALE
1/18
null | 6.97% Cap Rate

112 Benton Way
Benton, TN 37307


HIGHLIGHTS

  • BY OWNER --- Creative financing is possible --- Here's an opportunity to acquire 112 Benton Way is home to a 92-unit self-storage facility, and six co

OVERVIEW

EXECUTIVE SUMMARY BY OWNER --- Creative financing is possible --- Here's an prime opportunity to acquire 112 Benton Way, a 92-unit self-storage and six covered and 15 surface RV/ boat/ truck/ trailer/car parking spaces. Prime opportunity for a storage user to acquire and take over a well-maintained storage and parking facility with an on-site management headquarters. . All self-storage units are climate and moisture-controlled. The facility underwent recent renovations and upgrades, providing new LED lighting inside and outside, as well as new electrical systems. Improvements include an on-site one-bed, one-bath manager’s apartment and a management office that offers storage and moving supplies for sale. Storage units range from 10 feet by 10 feet to 10 feet by 20 feet, with extra-wide halls for easy access. Additionally, there are six covered and 15 surface spaces for RV, truck, boat, car, or trailer drivers; a 1.5-acre poured concrete pad site ready for 50+ additional storage units; and further space for more boat and RV storage. The prominent pylon and building signages are highly visible from the fully fenced-in property, where more than 9,600 cars pass daily via Highway 411. Directly off TN Highway 411 in Polk County in Benton, Tennessee, which is part of the Cleveland, Tennessee, MSA. All 92 self-storage units are climate and moisture-controlled, and 33 of these units were recently added in Q1 2024.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Garage, Marina, Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,366 SF

ZONING

Commercial

APN/PARCEL ID

045-028.17

ASK ABOUT THIS PROPERTY

Nader AshchiNader AshchiMore Info
407-500-0109

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Nader AshchiNader AshchiMore Info
407-500-0109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.