290 Jeff Rd NW - Self-Storage Facilities FOR SALE
Huntsville, AL 35806 |
$8,000,000 USD
866-889-0550
290 Jeff Rd NW
Huntsville, AL 35806
HIGHLIGHTS
- High quality facility totaling ±74,200 NRSF across 456 units in Huntsville, AL
- Originally built in 2018, quickly leased up, and then was expanded in 2023 and is now physically stabilized
- Strong physical occupancy with 90% unit occupancy and 88% square foot occupancy
- Affluent trade area with $118k in average household income and $95k in median household income
- Direct frontage along Jeff Road with average daily traffic counts of approximately 10,580 vehicles
- New $6 Billion pharmaceutical manufacturing facility being developed in Huntsville by Fortune 500 company Eli Lilly
FOR SALE DETAILS
PRICE
$8,000,000 USD
PRICE/SF
$346 USD /SF
CAP RATE
3.88%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Extra Space Storage (Managed)
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.1 AC
LAND SF
222,156 SF
ZONING
none
APN/PARCEL ID
15-05-22-0-000-063.001
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