Self-Storage Facility
Hey! Storage - Hattiesburg
21 Rawls Springs Rd, Hattiesburg, MS 39402
Listing Price: $850,000
Cap Rate
8.20%
Number of Units
86
Occupancy
95.0%
Gross SF
12,755
Rentable SF
12,755
Price/Rentable SF
$66.64
Year Built
1994
Investment Overview
A new owner can realize upside potential through expansion, marketing, rent adjustments, and tenant insurance.
Hey! Storage - Hattiesburg
Investment Highlights
- The facility is currently 92% occupied and includes 84 self-storage units. These units are comprised of 80 N/C units and 4 CC units.
- The 4 climate units were converted from an old office space that is on the property.
- There are two office spaces that are both currently leased on a month to month lease. The facility is partially fenced with multiple security cameras.
Exclusively Listed By
Broker of Record
Listing Price: $850,000
Cap Rate
8.20%
Number of Units
86
Occupancy
95.0%
Gross SF
12,755
Rentable SF
12,755
Price/Rentable SF
$66.64
Year Built
1994
Investment Highlights
- The facility is currently 92% occupied and includes 84 self-storage units. These units are comprised of 80 N/C units and 4 CC units.
- The 4 climate units were converted from an old office space that is on the property.
- There are two office spaces that are both currently leased on a month to month lease. The facility is partially fenced with multiple security cameras.
Investment Overview
A new owner can realize upside potential through expansion, marketing, rent adjustments, and tenant insurance.
Exclusively Listed By
Broker of Record
