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Self-Storage Facility

A-Less Storage & Parking

217 Apache Dr, Enterprise, AL 36330

Listing Price: $600,000

Cap Rate
7.00%
Number of Units
85
Occupancy
81.0%
Rentable SF
9,550
Price/Rentable SF
$62.83
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to offer for sale A-Less Storage & Parking located in Enterprise, AL. This property is situated on 1.83 acres and consists of 85 total units making up 9,550 rentable Square feet. An investor has the opportunity to purchase this property at an attractive basis with value to be added through improved operations as well as expansion potential.

Investment Highlights

  • Stabilized facility with room for expansion
  • Rents below market
  • Offered at $62/SF
  • Average household incomes over $78,000
  • Growing population
  • Room to expand approximately 10k SF

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Self-Storage Facility

A-Less Storage & Parking

Listing Price: $600,000

Cap Rate
7.00%
Number of Units
85
Occupancy
81.0%
Rentable SF
9,550
Price/Rentable SF
$62.83
Year Built
1983

Investment Highlights

  • Stabilized facility with room for expansion
  • Rents below market
  • Offered at $62/SF
  • Average household incomes over $78,000
  • Growing population
  • Room to expand approximately 10k SF

Investment Overview

Marcus & Millichap is pleased to offer for sale A-Less Storage & Parking located in Enterprise, AL. This property is situated on 1.83 acres and consists of 85 total units making up 9,550 rentable Square feet. An investor has the opportunity to purchase this property at an attractive basis with value to be added through improved operations as well as expansion potential.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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