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Self-Storage Facility

117 Eastview Dr

117 Eastview Dr, Laurel, MS 39443

Listing Price: $1,900,000

Cap Rate
5.47%
Number of Units
196
Occupancy
79.0%
Gross SF
38,920
Rentable SF
38,920
Price/Rentable SF
$48.82
Year Built
1986

Investment Overview

117 Eastview Dr is a 196-unit self-storage facility totaling 38,920 feet located in Laurel within the Hattiesburg/South Area submarket. The property sits on a 6.86-acre site, offering a substantial land-to-building ratio that supports both current operations and future flexibility. Originally built in 1986, the asset provides a well-established presence in the market, catering to both residential and commercial storage needs in the surrounding area.

The property benefits from strong regional connectivity, with convenient access to major transportation routes including US_84 and Interstate 59. These corridors, along with nearby thoroughfares that experience solid daily traffic volumes, enhance visibility and ease of access for tenants. Additionally, the immediate trade area includes a population of over 11,000 residents within a three-mile radius, providing a stable demand base for self-storage services in the Laurel market.

Investment Highlights

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Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Self-Storage Facility

117 Eastview Dr

Listing Price: $1,900,000

Cap Rate
5.47%
Number of Units
196
Occupancy
79.0%
Gross SF
38,920
Rentable SF
38,920
Price/Rentable SF
$48.82
Year Built
1986

Investment Highlights

  • -
  • -
  • -

Investment Overview

117 Eastview Dr is a 196-unit self-storage facility totaling 38,920 feet located in Laurel within the Hattiesburg/South Area submarket. The property sits on a 6.86-acre site, offering a substantial land-to-building ratio that supports both current operations and future flexibility. Originally built in 1986, the asset provides a well-established presence in the market, catering to both residential and commercial storage needs in the surrounding area. The property benefits from strong regional connectivity, with convenient access to major transportation routes including US_84 and Interstate 59. These corridors, along with nearby thoroughfares that experience solid daily traffic volumes, enhance visibility and ease of access for tenants. Additionally, the immediate trade area includes a population of over 11,000 residents within a three-mile radius, providing a stable demand base for self-storage services in the Laurel market.

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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