192 S Wren Ln - Self-Storage Facilities FOR SALE


Robertsdale, AL 36567
$240,000 USD
205-218-8029
192 S Wren Ln, Robertsdale, AL for Sale
$240,000 USD
Self-Storage Facilities - FOR SALE
1/8
null | Request Cap Rate

192 S Wren Ln
Robertsdale, AL 36567


HIGHLIGHTS

  • Partially renovated
  • Sits within the Fairhope MSA

OVERVIEW

Simple Store of Robertsdale offers a rare opportunity to acquire a strategically located self-storage facility in Baldwin County, Alabama—one of the fastest-growing counties in the United States. Situated at 192 S Wren Lane, this ±0.55-acre property is positioned to benefit from strong demographic and economic trends in a high-growth corridor. The facility is partially renovated and includes a proposed unit mix of 73 total units (37 existing), featuring both climate-controlled and non-climate-controlled options, along with five RV and boat parking spaces approved by the City of Robertsdale. With minimal capital investment remaining, the property is well-suited for an investor or operator looking to complete repositioning and stabilize operations. Nearby competitors are achieving higher rental rates, supporting the potential for increased revenue as the property reaches full occupancy. Baldwin County’s rapid residential and commercial expansion continues to drive demand for self-storage, making this an ideal acquisition for those seeking entry into a robust market with long-term growth potential. - This offering represents a compelling opportunity to acquire an asset with strong fundamentals, a favorable location, and significant upside. - Strategically located in Baldwin County, one of the fastest-growing counties in the U.S. - Partially renovated self-storage facility with proposed 73-unit mix (37 existing) and RV/boat parking approval - Minimal remaining capital investment required to complete repositioning - Strong surrounding market fundamentals with high demand for self-storage - Significant upside potential through lease-up and operational stabilization - Seller Financing Available (terms in OM)

FOR SALE DETAILS

PRICE

$240,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

-

APN/PARCEL ID

41-09-32-0-000-013.057

ASK ABOUT THIS PROPERTY

Bradley CreasyThe Lauderdale GroupMore Info
205-218-8029

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Bradley CreasyThe Lauderdale GroupMore Info
205-218-8029

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