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Self-Storage Facility

Storage Source One Two Property Portfolio

663 Forest Dr, Jonesborough, TN 37659

Listing Price: $7,000,000

Cap Rate
6.48%
Number of Units
429
Occupancy
92.0%
Gross SF
50,965
Rentable SF
50,965
Price/Rentable SF
$137.35
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Storage Source One Two Property Portfolio in Kingsport and Jonesborough, Tennessee. These two, Class A, facilities combine to feature 50,965 net rentable square feet. There are 429 total units that consist of a mix of climate-controlled units, non-climate-controlled units, and RV parking spaces. There is room for expansion at both locations.

Investment Highlights

  • Two Property Tennessee Self-Storage Portfolio
  • Class A Self-Storage Facilities
  • Combined 50,965 Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, and RV Parking Spaces
  • Room for Expansion at Both Locations

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

Storage Source One Two Property Portfolio

Listing Price: $7,000,000

Cap Rate
6.48%
Number of Units
429
Occupancy
92.0%
Gross SF
50,965
Rentable SF
50,965
Price/Rentable SF
$137.35
Year Built
2021

Investment Highlights

  • Two Property Tennessee Self-Storage Portfolio
  • Class A Self-Storage Facilities
  • Combined 50,965 Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, and RV Parking Spaces
  • Room for Expansion at Both Locations

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Storage Source One Two Property Portfolio in Kingsport and Jonesborough, Tennessee. These two, Class A, facilities combine to feature 50,965 net rentable square feet. There are 429 total units that consist of a mix of climate-controlled units, non-climate-controlled units, and RV parking spaces. There is room for expansion at both locations.

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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