490 Friars Point Rd - Specialty FOR SALE


Clarksdale, MS 38614
$1,539,000 USD
901-282-6312
490 Friars Point Rd, Clarksdale, MS for Sale
$1,539,000 USD
Specialty - FOR SALE
1/4
null | 8.58% Cap Rate

NEW


490 Friars Point Rd
Clarksdale, MS 38614


OVERVIEW

Turnkey properties providing $132,000 of income in Clarksdale, MS. Two self-storage facilities, known as A+ Mini Storage for sale. 490 Friars Point Road: 77 units 235 Highway 322: 80 units Total units: 157 These facilities offer both climate-controlled and non-climate-controlled storage ranging in size from 5 x 10 up to 15 x 15. These are the only climate-controlled units in the city! Owner is retiring and selling both properties together. In addition to the mini storage facilities, there is a single stand-alone warehouse, 6000 square feet, included in the sale. Units are 100% leased and vacancy is extremely low. Please see brochure for additional financials. NOI: $132,000 Offered for sale at $1,539,000. Bonus: “Twice the Ice” ice machine is on premises and generates an additional $30,000/year. This can be included in the purchase for $1,664,000 if desired.

FOR SALE DETAILS

PRICE

$1,539,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

8.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

A+ Mini Storage

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,447 SF

ZONING

-

APN/PARCEL ID

136-140814000-0001200

ASK ABOUT THIS PROPERTY

Cathy AndersonCrye-Leike CommercialMore Info
901-282-6312

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Cathy AndersonCrye-Leike CommercialMore Info
901-282-6312

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