3615 MS-15 - Self-Storage Facilities FOR SALE


Laurel, MS 39440
$3,595,000 USD
914-365-0752
3615 MS-15, Laurel, MS for Sale
$3,595,000 USD
Self-Storage Facilities - FOR SALE
1/8
null | 7.47% Cap Rate

3615 MS-15
Laurel, MS 39440


HIGHLIGHTS

  • Strong Occupancy Numbers and Below-Market Achieved Rents Should Allow for the Implementation of Existing Customer Rent Increases.

OVERVIEW

- Cash-Flowing Self Storage Facility Comprised of 218 Climate-Control Units Totaling 28,800 NRSF and 70 Non-Climate Units Totaling 9,350 NRSF - Strong Occupancy Numbers and Below-Market Achieved Rents Should Allow for the Implementation of Existing Customer Rent Increases - Billboard on the Property is Currently Leased and Provides Additional Non-Storage Revenue - Opportunity to Increase Revenue Through Maximizing Occupancy, Fee Income, and Tenant Insurance Sales - Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place - Strong Average Household Income of $75,572 Within Three Miles of the Property - Laurel is Located in Southern Mississippi Approximately 90 Miles North of the Gulf Coast and is Home to 17,662 Residents - The Laurel MSA is the Seventh Largest in the State of Mississippi and is Home to 82,281 Residents

FOR SALE DETAILS

PRICE

$3,595,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

7.47%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Premier Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

C-3

APN/PARCEL ID

147J-19-08-007.00,147J-19-08-007.01

ASK ABOUT THIS PROPERTY

David PerlleshiFranklin StreetMore Info
914-365-0752

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

David PerlleshiFranklin StreetMore Info
914-365-0752

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