$4,300,000 USD
678-576-1780
HIGHLIGHTS
- Highly affluent population surrounding the facility with over $115k in average household incomes in a 5-mile radius
- $100k+ in revenue upside upon completion of roof work and getting 45 down-units back online
- Strong population growth projected at 2% in a 1-mile and 1.80% in a 3-mile and 5-mile radius
- 99% occupancy for the units that are online and available
- Desirable West Knoxville sub-market, with ±25,990 VPD passing by the site
- No self-storage developments planned within the 5-mile trade area (according to TractIQ)
FOR SALE DETAILS
PRICE
$4,300,000 USD
PRICE/SF
$287 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Smartstop Self Storage (Managed)
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
1.84 AC
LAND SF
80,150 SF
ZONING
-
APN/PARCEL ID
120IB-00912
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678-576-1780
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678-576-1780
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