Self-Storage Facility

Boat & RV Self-Storage

135 Voss Ln, Huntingdon, TN 38344

Listing Price: $799,000

Cap Rate
5.12%
Number of Units
47
Occupancy
70.0%
Gross SF
26,320
Rentable SF
26,320
Price/Rentable SF
$30.36
Year Built
2020

Investment Overview

This is an opportunity to buy a "Brand New" soon to be completed, 47 unit Boat & RV storage facility. The facility is projected to be fully operational by November 21, 2020.

In addition to being a brand new facility, the property sits within 1 mile of the Carroll County 1000 acre Recreational Lake which is a popular destination for boating enthusiasts, fishermen and owners of recreational vehicles. Several new lakefront home subdivisions are now underway as the Carroll County 1000 acre Recreational Lake has now started attract vacation home development. Lakefront property zoning is administered by the Carroll County Watershed Authority. The Watershed Authority restricts the storage of boats, personal watercraft and RV's from being housed on lakefront property homesites, which should help drive demand for offsite storage of boats, RV's and personal watercraft. The lake is approximately 2 hours from both Memphis, TN and Nashville, TN and 45 minutes from Jackson, TN. The property is situated in a federally designated "Opportunity Zone".

Investment Highlights

  • Brand New Construction
  • Close to Lake and Several New Home Subdivisions
  • Great Highway Visibility
  • Located in a Federally Designated "Opportunity Zone"

Exclusively Listed By

Self-Storage Facility

Boat & RV Self-Storage

Listing Price: $799,000

Cap Rate
5.12%
Number of Units
47
Occupancy
70.0%
Gross SF
26,320
Rentable SF
26,320
Price/Rentable SF
$30.36
Year Built
2020

Investment Highlights

  • Brand New Construction
  • Close to Lake and Several New Home Subdivisions
  • Great Highway Visibility
  • Located in a Federally Designated "Opportunity Zone"

Investment Overview

This is an opportunity to buy a "Brand New" soon to be completed, 47 unit Boat & RV storage facility. The facility is projected to be fully operational by November 21, 2020.

In addition to being a brand new facility, the property sits within 1 mile of the Carroll County 1000 acre Recreational Lake which is a popular destination for boating enthusiasts, fishermen and owners of recreational vehicles. Several new lakefront home subdivisions are now underway as the Carroll County 1000 acre Recreational Lake has now started attract vacation home development. Lakefront property zoning is administered by the Carroll County Watershed Authority. The Watershed Authority restricts the storage of boats, personal watercraft and RV's from being housed on lakefront property homesites, which should help drive demand for offsite storage of boats, RV's and personal watercraft. The lake is approximately 2 hours from both Memphis, TN and Nashville, TN and 45 minutes from Jackson, TN. The property is situated in a federally designated "Opportunity Zone".

Exclusively Listed By

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