5296 Highway 41A - Self-Storage Facilities FOR SALE


Joelton, TN 37080
$1,200,000 USD
925-818-0187
5296 Highway 41A, Joelton, TN for Sale
$1,200,000 USD
Self-Storage Facilities - FOR SALE
1/13
null | 6% Cap Rate

5296 Highway 41A
Joelton, TN 37080


HIGHLIGHTS

  • High Visibility

OVERVIEW

New Hope Self Storage is a well-maintained, income-producing self-storage and outdoor parking facility located at 5296 Highway 41A (Clarksville Highway) in Joelton, Tennessee, just north of Nashville along the Highway 41A corridor. The property offers a rare opportunity to acquire a stabilized, low-maintenance storage asset at a 6.0% cap rate on forward NOI, with a straightforward path to increased income through lease-up of current vacancy and modest expansion. The facility combines interior drive-up storage units with outdoor uncovered parking for RVs, boats, and vehicles — a flexible mix that has proven durable demand from the surrounding Joelton, Whites Creek, Pleasant View, Ashland City, Ridgetop, Goodlettsville, and Coopertown communities. INVESTMENT HIGHLIGHTS ? Attractive 6.0% cap rate on $1,200,000 asking price against $72,000 in projected annual NOI ? Excellent first-time or entry-level real estate investment — simple asset class, minimal capital expenditure, and low day-to-day management burden ? Very low-touch operation: fully remote-capable management via integrated technology stack ? 74 total rentable storage units and parking spaces with only 7 current vacancies — near-stabilized occupancy with immediate upside ? Site plan allows for two additional units to be added, providing organic upside without acquiring adjacent land ? Modern operating infrastructure: full security camera system, StorEdge property management/operating software, and an automated gate access system enabling complete remote operations ? Fully fenced and gated site with controlled access hours (7 AM – 9 PM, 365 days/year) supports strong security and tenant satisfaction ? Seller will require the ability to structure the transaction as part of a 1031 tax-deferred exchange

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C5

APN/PARCEL ID

039-154.00

ASK ABOUT THIS PROPERTY

Benjamin SmithVoyager Real Estate PartnersMore Info
925-818-0187

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Benjamin SmithVoyager Real Estate PartnersMore Info
925-818-0187

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