7330 Saint Clair Rd - Self-Storage Facilities FOR SALE
Whitesburg, TN 37891 |
$8,010,000 USD
404-380-1196
7330 Saint Clair Rd
Whitesburg, TN 37891
HIGHLIGHTS
- Recent expansion completed in 2023
- Opportunity to increase Physical and Economic Occupancy – Physical Occupancy is currently 52% and Economic Occupancy is 49%, presenting significant up
- Limited Supply in the trade area – only 10.78 square feet per capita in a 3-mile radius, and 3.81 square feet per capita in a 5-mile radius, with no k
- Opportunity to increase rental rates upon stabilization – rents are currently 9% below surrounding competitors on average
- Attractive Yields upon stabilization – projected returns north of 8.4% by Year 3 of ownership
FOR SALE DETAILS
PRICE
$8,010,000 USD
PRICE/SF
$90 USD /SF
CAP RATE
3.43%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
A Plus M & M Self Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.14 AC
LAND SF
223,898 SF
ZONING
-
APN/PARCEL ID
012-026.14
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404-380-1196
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404-380-1196
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