1601 Bridgewell ln - Self-Storage Facilities FOR SALE


Port Gibson, MS 39150
$975,000 USD
813-995-6528
1601 Bridgewell ln, Port Gibson, MS for Sale
$975,000 USD
Self-Storage Facilities - FOR SALE
1/9
null | 8.2% Cap Rate

1601 Bridgewell ln
Port Gibson, MS 39150


HIGHLIGHTS

  • Gated entry with keypad and remote management capabilities
  • Underserved market with low saturation rate of 5.5 SF/capita
  • Surrounded by major employers and stable residential base
  • Located 50 miles from Jackson with highway and rail access
  • Solid Average Household Income of $69,023 Within Three Miles of the Property
  • Port Gibson is Located Approximately 50 Miles Southwest of Jackson, Mississippi, and is Home to 1,166 Residents

OVERVIEW

This cash-flowing self-storage facility features 185 non-climate-controlled units, totaling 17,950 net rentable square feet. Situated on a 2.84-acre lot, the property offers ample space for future storage expansion or the addition of outdoor parking rentals. The facility benefits from limited competition in the immediate trade area, as evidenced by a market saturation rate of just 5.5 square feet per capita within a five-mile radius. There is a clear opportunity to increase revenue through lease-up completion, stabilization, and the implementation of existing customer rent increases. With an automatic gate, keypad entry, and management software already in place, the facility is well-positioned for remote management.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

8.2%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Southern Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.64 AC

LAND SF

114,998 SF

ZONING

-

APN/PARCEL ID

3-0082-03-008-00

ASK ABOUT THIS PROPERTY

Josh SneadFranklin StreetMore Info
813-995-6528

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Josh SneadFranklin StreetMore Info
813-995-6528

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