2440 Central Plank Rd
Wetumpka, AL 36092

60-Unit Self Storage Facility | Value-Add Opportunity | Wetumpka, AL
Rare opportunity to acquire a 60-unit self storage facility with additional warehouse space and significant upside potential in the Wetumpka / Montgomery market.
The property is currently operating at approximately 75% occupancy with below-market rents across multiple unit sizes, creating a clear path for a new owner to increase revenue and overall asset value through standard operational improvements.
The facility includes:

60 total storage units
20 units – 12x30
30 units – 12x20
10 units – 10x10
Additional 28’ x 44’ warehouse building
Expansion potential for an additional 8–10 units

Current ownership has maintained affordable rents, leaving substantial upside for a buyer to bring rates closer to market over time. Larger units in particular appear significantly under market compared to comparable facilities in the surrounding area.
Projected upside opportunities include:

Increasing rents toward market rates
Improving occupancy from ~75% to 90–95%
Leasing the warehouse building ($600–$700/month estimated)
Adding ancillary income through lock and moving supply sales
Constructing additional storage units

At the current operating level, the property produces an estimated cap rate of approximately 6%+. With stabilization and market-rate rents, the property has the potential to achieve a 10%+ cap rate and support substantially higher long-term value.
This is an ideal opportunity for:

Existing storage operators
Value-add investors
Passive income buyers
Small commercial portfolio expansion

Call Matt at 334-538-2397 for additional information.