315 45th St - Self-Storage Facilities FOR SALE
Fairfield, AL 35064 |
$2,430,000 USD
404-380-1196
315 45th St
Fairfield, AL 35064
HIGHLIGHTS
- Strong surrounding population with over 50,000 people living in a 3-mile radius and over 115,000 people living in a 5-mile radius
- Very limited supply in a 5-mile radius with only 5.82 square feet per capita
- Significant value add opportunity through improved management and reducing expenses
- High yields upon stabilization – projected 8.65% Year 2 Cap Rate and 9.93% Year 4 Cap Rate
- Strong opportunity to improve physical and economic occupancy and increase revenue quickly
FOR SALE DETAILS
PRICE
$2,430,000 USD
PRICE/SF
$74 USD /SF
CAP RATE
3.95%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1956
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.78 AC
LAND SF
33,977 SF
ZONING
B3
APN/PARCEL ID
30-00-12-2-016-001.000
ASK ABOUT THIS PROPERTY
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404-380-1196
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404-380-1196
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