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Self-Storage Facility

HomeAway Storage

9 E 18th St, Lanett, AL 36863

Listing Price: $1,150,000

Cap Rate
7.10%
Number of Units
143
Occupancy
71.2%
Rentable SF
17,250
Price/Rentable SF
$66.67
Year Built
1980

Investment Overview

Marcus and Millichap is pleased to offer the sale of HomeAway Storage in Lanett, AL. This property includes 138 non climate units and 5 parking spaces for a total of 17,250 NRSF. This investment has immediate upside through the implementation of tenant insurance and the opportunity to double the size through expansion.

Investment Highlights

  • Stabilized Cash Flow
  • Room for Expansion to Double Size
  • Setup for Remote Management

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Self-Storage Facility

HomeAway Storage

Listing Price: $1,150,000

Cap Rate
7.10%
Number of Units
143
Occupancy
71.2%
Rentable SF
17,250
Price/Rentable SF
$66.67
Year Built
1980

Investment Highlights

  • Stabilized Cash Flow
  • Room for Expansion to Double Size
  • Setup for Remote Management

Investment Overview

Marcus and Millichap is pleased to offer the sale of HomeAway Storage in Lanett, AL. This property includes 138 non climate units and 5 parking spaces for a total of 17,250 NRSF. This investment has immediate upside through the implementation of tenant insurance and the opportunity to double the size through expansion.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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