222 AL-36 - Self-Storage Facilities FOR SALE


Hartselle, AL 35640
$425,000 USD
256-214-2196
222 AL-36, Hartselle, AL for Sale
$425,000 USD
Self-Storage Facilities - FOR SALE
1/9
null | 7.03% Cap Rate

222 AL-36
Hartselle, AL 35640


HIGHLIGHTS

  • 54 total self-storage units encompassing a mix of sizes suited for various storage needs
  • Current gross annual income of approximately $32,900, supported by strong net margins
  • Simple expense structure with no utilities and third-party management in place
  • Includes digital domain presence and call management services for streamlined operations
  • Significant opportunity to enhance revenue through lease-up strategies and value-add improvements

OVERVIEW

This income-producing self-storage facility features 54 units in a variety of sizes tailored to diverse tenant needs, ranging from compact 5' x 5' lockers to a spacious 25' x 40' bay. The current gross annual income stands at approximately $32,900, generating a monthly income of $2,740, supported by minimal overhead. Operating expenses include third-party management services and domain costs, with no utilities required, leading to a strong Net Operating Income of $29,880 annually.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$66 USD /SF

CAP RATE

7.03%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Storage Units 222 Hwy 36, Hartselle Al 35640

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

16-03-07-0-000-012.000

ASK ABOUT THIS PROPERTY

Shane OdomMarMac CommercialMore Info
256-214-2196

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Shane OdomMarMac CommercialMore Info
256-214-2196

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