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Self-Storage Facility

Generations Self Storage - Moss Point

10401 MS-63, Moss Point, MS 39562

Listing Price: $1,750,000

Cap Rate
4.50%
Number of Units
152
Occupancy
53.0%
Rentable SF
20,605
Price/Rentable SF
$84.93
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to offer for sale Generations Self Storage - Moss Point, MS located at 10401 MS-63, Moss Point, MS 39562. Generations Self Storage offers 95 Climate Controlled Units, 57 Non Climate Controlled Units for a total of 152 units within 20,605 rentable square feet.


Generations Self Storage - Moss Point is fully fenced and gated, with asphalt drive isles and top of the line video surveillance. The facility was expanded in June of 2022 and currently sits at 66.51% physical occupancy. Moss Point is strategically positioned with a close proximity to major transportation routes, including Interstate 10 and the Mississippi River. Additionally, the port of Pascagoula, one of the busiest ports in the United States, is only a short drive away. Companies like Huntington Ingalls Industries and VT Halter Marine have sizable operations in the area. Generations Self Storage is located directly off of Highway 63 which is an important transportation corridor for freight movement.

Generations Self Storage - Moss Point, MS is being offered at $1,750,000 which is $84 per rentable square feet for a primarily climate controlled facility.

Investment Highlights

  • New Construction in Moss Point, MS Priced at $84 Per Rentable Square Feet
  • 95 Climate Controlled Units, 57 Non-Climate Controlled Units within 20,605 NRSF
  • Fenced and Gated with Asphalt Drives
  • Coded Access Control System and Exit Motion Sensors for Added Security Entering and Exiting
  • 24.02% Increase in Occupancy in Nine Months

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Self-Storage Facility

Generations Self Storage - Moss Point

Listing Price: $1,750,000

Cap Rate
4.50%
Number of Units
152
Occupancy
53.0%
Rentable SF
20,605
Price/Rentable SF
$84.93
Year Built
1998

Investment Highlights

  • New Construction in Moss Point, MS Priced at $84 Per Rentable Square Feet
  • 95 Climate Controlled Units, 57 Non-Climate Controlled Units within 20,605 NRSF
  • Fenced and Gated with Asphalt Drives
  • Coded Access Control System and Exit Motion Sensors for Added Security Entering and Exiting
  • 24.02% Increase in Occupancy in Nine Months

Investment Overview

Marcus & Millichap is pleased to offer for sale Generations Self Storage - Moss Point, MS located at 10401 MS-63, Moss Point, MS 39562. Generations Self Storage offers 95 Climate Controlled Units, 57 Non Climate Controlled Units for a total of 152 units within 20,605 rentable square feet. Generations Self Storage - Moss Point is fully fenced and gated, with asphalt drive isles and top of the line video surveillance. The facility was expanded in June of 2022 and currently sits at 66.51% physical occupancy. Moss Point is strategically positioned with a close proximity to major transportation routes, including Interstate 10 and the Mississippi River. Additionally, the port of Pascagoula, one of the busiest ports in the United States, is only a short drive away. Companies like Huntington Ingalls Industries and VT Halter Marine have sizable operations in the area. Generations Self Storage is located directly off of Highway 63 which is an important transportation corridor for freight movement. Generations Self Storage - Moss Point, MS is being offered at $1,750,000 which is $84 per rentable square feet for a primarily climate controlled facility.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Senior Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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