629 Sycamore st - Self-Storage Facilities FOR SALE


Elizabethton, TN 37643
$4,050,000 USD
678-576-1780
629 Sycamore st, Elizabethton, TN for Sale
$4,050,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | 6.25% Cap Rate

629 Sycamore st
Elizabethton, TN 37643


HIGHLIGHTS

  • Very strong demand in this trade area. Historical occupancy in the 90%+ range
  • Current Unit and Square Foot Occupancy both over 92%
  • Attractive immediate yield with upside still remaining
  • Large enclosed parking spaces that stay full year round given the fact these are very rare for this area
  • Ability to push existing customer rate increases quickly
  • Over $15k+ in tenant insurance NOI still left to take advantage of

OVERVIEW

Broker of Record Hutt Cooke License # 263667 (TN) Matthews 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,050,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Universal Storage Solutions

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

122,183 SF

ZONING

-

APN/PARCEL ID

041K-G-018.01

ASK ABOUT THIS PROPERTY

Austin McLeodMatthews Real Estate Investment ServicesMore Info
678-576-1780

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Austin McLeodMatthews Real Estate Investment ServicesMore Info
678-576-1780

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