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Self-Storage Facility

Wolf River Boat & RV Storage

9209 TN State RT 111, Byrdstown, TN 38549

Listing Price: $2,200,000

Cap Rate
2.60%
Number of Units
95
Occupancy
40.8%
Gross SF
55,280
Rentable SF
55,280
Price/Rentable SF
$39.80
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to offer the sale of Wolf River Boat and RV Storage. The property has 95 fully enclosed parking units totaling 55,280 square feet. Prior to being expanded in the summer of 2023, the property was sitting above 98% physical occupancy.

Investment Highlights

  • Recently Expanded
  • 98% Occupancy Prior to Expansion
  • $40/ SF
  • No competition within 5 Miles
  • Over 8% Cap Rate Once Stabilized
  • Setup for Remote Management

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Self-Storage Facility

Wolf River Boat & RV Storage

Listing Price: $2,200,000

Cap Rate
2.60%
Number of Units
95
Occupancy
40.8%
Gross SF
55,280
Rentable SF
55,280
Price/Rentable SF
$39.80
Year Built
2020

Investment Highlights

  • Recently Expanded
  • 98% Occupancy Prior to Expansion
  • $40/ SF
  • No competition within 5 Miles
  • Over 8% Cap Rate Once Stabilized
  • Setup for Remote Management

Investment Overview

Marcus & Millichap is pleased to offer the sale of Wolf River Boat and RV Storage. The property has 95 fully enclosed parking units totaling 55,280 square feet. Prior to being expanded in the summer of 2023, the property was sitting above 98% physical occupancy.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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