239 Burnett Station Rd - Self-Storage Facilities FOR SALE
Seymour, TN 37865 |
$11,220,000 USD
714-655-4164
239 Burnett Station Rd
Seymour, TN 37865
HIGHLIGHTS
- Knoxville MSA Without REIT Saturation // The portfolio sits just outside Knoxville’s institutional core, benefiting from the MSA population growth
- Strong Demand Drivers Demonstrated by Solid Occupancy // Demand is supported by manufacturing, healthcare, education, research & tourism
- Proven Self-Storage Markets // Knoxville and surrounding counties continue to benefit from strong net in-migration, household formation & commuters
- Smaller-Format Facilities With Quality Amenities // The portfolio consists of smaller, well-maintained facilities, gated, fenced, lighting & cameras
- Clear Path From Stabilized Yield to Long-Term Upside // Acquisition at a 7.10% in-place cap rate provides immediate cash flow
FOR SALE DETAILS
PRICE
$11,220,000 USD
PRICE/SF
$532 USD /SF
CAP RATE
7.1%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Creekside Storage Portfolio
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8.38 AC
LAND SF
365,033 SF
ZONING
Commercial
APN/PARCEL ID
004E-A-015.00,025J A 00900,025J A 02700,034D C 007.01,041H A 002.04,045D B 001.00,057 026.00 000,078H B 040.00,078H B 041.00
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714-655-4164
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714-655-4164
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