Skip to main content

Self-Storage Facility

Bonny Oaks Self Storage

6381 Bonny Oaks Dr, Chattanooga, TN 37416

Listing Price: $3,500,000

Cap Rate
4.99%
Number of Units
326
Occupancy
77.0%
Gross SF
41,410
Rentable SF
41,410
Price/Rentable SF
$84.52
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to offer for sale Bonny Oaks Self Storage located in Chattanooga, Tennessee. This facility is located about eight miles northeast of downtown Chattanooga and about three miles from the Chattanooga Metropolitan Airport. The site features 56 climate-controlled units, 236 non-climate-controlled units, three office spaces, one billboard, and 30 uncovered outdoor parking spaces totaling 41,410 net rentable square feet. The site has great visibility and sees over 22,000 cars per day in a growing area.

Investment Highlights

  • Chattanooga, Tennessee Self-Storage Offering with Significant Management Upside
  • Located Approximately Eight Miles Northeast of Downtown Chattanooga Near the Neighborhood of Austin Farms | About Three Miles Northeast of Chattanooga Metropolitan Airport
  • 41,410 Net Rentable Square Feet
  • 56 Climate-Controlled Self-Storage Units | 236 Non-Climate-Controlled | Three Office Spaces | One Billboard | 30 Uncovered Outdoor Parking Spaces

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Self-Storage Facility

Bonny Oaks Self Storage

Listing Price: $3,500,000

Cap Rate
4.99%
Number of Units
326
Occupancy
77.0%
Gross SF
41,410
Rentable SF
41,410
Price/Rentable SF
$84.52
Year Built
1996

Investment Highlights

  • Chattanooga, Tennessee Self-Storage Offering with Significant Management Upside
  • Located Approximately Eight Miles Northeast of Downtown Chattanooga Near the Neighborhood of Austin Farms | About Three Miles Northeast of Chattanooga Metropolitan Airport
  • 41,410 Net Rentable Square Feet
  • 56 Climate-Controlled Self-Storage Units | 236 Non-Climate-Controlled | Three Office Spaces | One Billboard | 30 Uncovered Outdoor Parking Spaces

Investment Overview

Marcus & Millichap is pleased to offer for sale Bonny Oaks Self Storage located in Chattanooga, Tennessee. This facility is located about eight miles northeast of downtown Chattanooga and about three miles from the Chattanooga Metropolitan Airport. The site features 56 climate-controlled units, 236 non-climate-controlled units, three office spaces, one billboard, and 30 uncovered outdoor parking spaces totaling 41,410 net rentable square feet. The site has great visibility and sees over 22,000 cars per day in a growing area.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

MM Texture Background
MM Textured Background Lower