Self Storage Units

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30509434
Property Subtypes: Free-Standing Building, Mixed Use, Parking Facility, Other
Status: Pending/Contingent
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $225,000
Unit Price: $45 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Business
Building Name: Lover's Lane Self Storage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2019

Overview / Comments

Rare Investment Opportunity! This excellent newly built storage facility is situated on a property with potential for more units, rental RV parking, boat/ Trailer Parking paid per slot. Brand new buildings, fencing, security, gates and software to run these 60 units. A small free standing office in the front as well.There are 36 units now currently built. Room for 40 more. Units average $65 each per month. The property also has an option to buy 3 more large buildings that can operate as storage or however. Buyer/Buyers Agent to Verify all information.

Additional Details

Nearest MSA: Johnson City
County: Carter
Zoning: M2
Retail Clientele: General, Tourist, Other
Property Located Between: 19E and LOvers Lane
Property Visibility: Excellent
Largest Nearby Street: Highway 19E
Feet of Frontage: 175
Site Description: Flat, Level
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Year Built: 2018
Construction/Siding: Metal Siding
Parking Description: Flat
Water Service: Municipal
Sewer Type: None
Legal Description: Parcel: 034 209.03

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,995 20,015 36,737
Median Age: 45.52 41.79 41.86
Households: 931 8,498 15,306

Contact

Photograph of Listing Agent

Hunter Morrow

Keller Williams NETAR CMLS Member
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