Self-Storage Facility
College Square Storage
123 Pope Rd, Morristown, TN 37813
Listing Price: $995,000
Cap Rate
7.41%
Number of Units
67
Occupancy
1.5%
Gross SF
9,600
Rentable SF
9,600
Price/Rentable SF
$103.65
Year Built
2023
Investment Overview
New and stabilized climate control units.
College Square Storage
Investment Highlights
- Occupancy is 98% to 100% with room for a rent increase.
- The facility has 67 (10x10) units but the owner has converted 6 units into (10x20). All converted units can be converted back.
- Easy Access Minutes from Walters State Community College, College Square Mall, Industrial Park, and numerous apartment complexes.
- 24-hour Access Climate Control Digital Video Surveillance Online Bill Pay with recurring billing
Exclusively Listed By
Listing Price: $995,000
Cap Rate
7.41%
Number of Units
67
Occupancy
1.5%
Gross SF
9,600
Rentable SF
9,600
Price/Rentable SF
$103.65
Year Built
2023
Investment Highlights
- Occupancy is 98% to 100% with room for a rent increase.
- The facility has 67 (10x10) units but the owner has converted 6 units into (10x20). All converted units can be converted back.
- Easy Access Minutes from Walters State Community College, College Square Mall, Industrial Park, and numerous apartment complexes.
- 24-hour Access Climate Control Digital Video Surveillance Online Bill Pay with recurring billing
Investment Overview
New and stabilized climate control units.
Exclusively Listed By
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