List Search

Chapman Storage Portfolio
Scottsboro, AL

$14,360,000 USD

Portfolio For Sale  •  81,290 SF

2 Properties View all

Property Details

  • Property Type Unknown
20 Walk Score

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.
Hutt Cooke 615-521-6955 Matthews Real Estate Investment Services
Hutt Cooke 615-521-6955 Matthews Real Estate Investment Services