Chapman Storage Portfolio Office FOR SALE


Scottsboro, AL
$14,360,000 USD
615-521-6955
, Scottsboro, AL for Sale
$14,360,000 USD
Office - FOR SALE
1/4
null | 6.27% Cap Rate

Chapman Storage Portfolio
Scottsboro, AL


HIGHLIGHTS

  • Three-property self-storage portfolio totaling ±268,081 NRSF and 1,720 units within a 3-mile radius.
  • Listed at a 6.27% cap rate based on T-12 NOI with adjusted property taxes.
  • Immediate NOI upside of $100,000+ by implementing a Tenant Insurance program.
  • Zero new self-storage developments planned or under construction within 5 miles.
  • Zero new self-storage developments planned or under construction within 5 miles.
  • Current physical occupancy of 80% across 1,720 units and 210 parking spaces.

OVERVIEW

Broker of Record Hutt Cooke License # 000110253 - 0, 000168807-0 (AL) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

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615-521-6955

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Hutt CookeMatthews Real Estate Investment ServicesMore Info
615-521-6955

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