This commercially zoned property is a perfect location for a self-storage facility. It’s located in Hoover, Alabama, just outside Birmingham.
Hoover continues to remain viral, even in a rough economy. In 2022, The City’s Building Inspections Department issued more than 6,000 construction permits valued at almost $600 Million and approved more than 1,000 new business licenses. And, the institute, run by the U.S. Secret Service, will begin a multi-year $23 Million expansion that should allow the number of people it trains in Hoover to grow from about 4,500 a year to nearly 10,000 a year.
The property owner of this site is a local commercial developer, and could be used as an asset in developing this land. The architectural drawings shown in this package could be a great concept for this space.
Located in the heart of Mexia, TX, Sumpter Street Storage is comprised of 18,000 SF of drive-up storage units. To be exact, 97 units in total comprise this property with no expansion land available. The facility is about 15 years old and is managed without a website or current management software. The ideal buyer for Sumpter Street Storage will see the upside potential with current rental rates and will benefit by implementing a web presence and management upgrades.
Storage Near Me is a 102,625 RSF (38% climate control) facility located in Kathleen, GA, located within the Warner Robins MSA. The property is located 1 mile south of Georgia Hwy 96 and is in close proximity to residential and commercial development growth.
The project’s Phase 1 of 56,625 RSF was delivered in June 2020 and achieved stabilization occupancy of 80.65% (Economic), 92.87% (Physical) and 92.33% (Unit) prior to the 45,200 RSF Phase 2 coming online in October 2022.
