704-236-6787
212 Warfield Blvd, Clarksville, TN for Sale
Self-Storage Facilities - FOR SALE
1/27
null | Request Cap Rate

212 Warfield Blvd
Clarksville, TN 37043


HIGHLIGHTS

  • 356 units include 288 drive-up units and 68 uncovered parking spaces.
  • 34,800 NRSF supports a broad mix from 5x10 through 12x30.
  • 74.34% physical occupancy creates a defined lease-up opportunity.
  • 60.86% economic occupancy signals added revenue-management potential.
  • 39.14% reported variance supports potential rate and income growth.
  • $222,444 current annual rent compares with $365,523 gross potential rent.

OVERVIEW

Cherry Station Self Storage presents an attractive value-add investment opportunity in Clarksville, Tennessee, offering investors the ability to acquire an established self-storage asset with meaningful upside through rental-rate optimization, improved management efficiency, and enhanced revenue management. The property is currently operated with a largely self-service and contactless rental model, including online rentals, electronic gate access, video surveillance, and online account management. This operating structure creates an opportunity for a sophisticated owner-operator to implement more effective revenue management, streamline expenses, improve customer retention, and maximize the property's existing infrastructure.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cherry Station Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

4.46 AC

LAND SF

194,278 SF

ZONING

C-2

APN/PARCEL ID

041-091.00

ASK ABOUT THIS PROPERTY

Justin WiesehanLee & AssociatesMore Info
704-236-6787

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

Justin WiesehanLee & AssociatesMore Info
704-236-6787

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