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.
Seller Financing: Seller is willing to finance with up to 7 years of interest only
Purchase before Opening: No wasted time changing signage, branding, and software. You pick the rates. No need to change over tenant contracts
Strategic Location: Off Interstate 90, Exit 443, Proximity to key commercial areas
Modern Construction: State-of-the-Art Security, Fully fenced and gated
Strong Income Potential: Booming local market, High demand for storage
Property Appreciation: As Billings continues to experience consistently steady economic growth and population expansion, real estate values are projected to appreciate
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.
Starlo Mini Storage is located in Livingston, Montana; a rapidly expanding perimeter community of Bozeman, which is Montana’s fastest growing city. Conveniently situated on 2.836 acres within the city limits on Hwy 10, this 304-unit, 42,592 square foot facility is fully automated allowing the owners to manage it remotely with no office hours and minimal onsite commitment, while maintaining 97–100% occupancy.
Livingston was the original Gateway City to Yellowstone National Park, located on the Yellowstone River and surrounded by four mountain ranges. Easily accessible by either the Bozeman or Billings airports, the area offers an abundance of year-round outdoor activities, as well as art galleries, restaurants, and microbreweries.
Excellent 4.73-acre site for Self-Storage Development in Zephyrhills, Florida. The site has over 1,000 feet of access along Chancey Rd. and Paul S. Buchman Hwy with 13,700 cpd traffic counts connecting Dade City and Plant City, Florida. With the closest competitor almost 2 miles away, this site is a great development opportunity.
Zephyrhills is located within Pasco county and is considered a part of the Tampa Bay MSA. Zephyrhills has seen a population growth rate by 35.87% since the 2010 Census Bureau. There are currently several major Master PUDs in various stages of development with approximately 700+ new homes under development across the street from the site.
The proposed building will be 4-story, Class A Climate Controlled Self Storage building with 142,246 GSF. Closing will be contingent upon the Seller providing site plan approval expected by end of year 2023.
Beard Storage is a meticulously maintained, four-building facility located in the heart of Sherman, Mississippi.
Sherman is an excellent market with local and neighboring companies such as Toyota Automotive, Ashley Furniture and Mississippi Medical Healthcare. This facility is located next to Dove Creek, a relatively new and growing neighborhood, and it has excellent visibility from MS-178. The property is open, flat and includes an easy-access driveway.
Beard Storage has run a solid business for years and is continually expanding to add more opportunities. This location is ready for the right person to capitalize on its value-add opportunities and take it to the next level. These opportunities include but aren’t limited to: automation, building additional storage units on the pre-zoned land, increasing rental rates, implementing a tenant insurance program, and creating a website/social media marketing platform.
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.
Self-storage development opportunity in Richmond Hill, GA on 3.71 acres. The site has visibility from US-17, with over 21,000 cars per day.
Richmond Hill, GA (Bryan County), a suburb of Savannah, is the fastest growing county in Georgia and the 6th fastest growing county in the Country. Richmond Hill has been growing at 4.92% annually. There has been a growth rate of over 15.52% since the 2020 census. Richmond Hill is located between major metro areas Savannah, GA and Jacksonville, FL. Residential development in the area includes approximately 500 multi-family units and over 1,000 single-family units under various stages of development.
The proposed configuration is a 3-story, 84,269 GSF, climate controlled, Class A self-storage building. The subject property is zoned for use and is site plan approved. Buyer can go straight to construction drawings and permits.
Prime development opportunity along McGregor Blvd. in Fort Myers with proximity to Sanibel and Captiva Island, Punta Rassa and parts of Fort Myers Beach. McGregor Blvd. is a major access road with over 25,000 cars per day, connecting Cape Coral/Fort Myers to the Sanibel/Captiva Islands. This market holds dense residential population with significant recreational areas including several boat ramps and many RV resorts. This site also enjoys convenience to large national retailers such as the Sanibel Outlet Mall, Publix, Walmart Supercenter, Target and more. Lack of developable land in this sub-market, and a strong performing self-storage market (95%+ occ. rate) makes this site an exceptional opportunity.
There are currently over 1,400 residential units under various stages of construction within the immediate market area. Growth in the area is over 8% year over year according to the Census Bureau. Cape Coral, according to the 2020 Census Bureau, has seen a population rise of 30% from the 2010 Census and is the largest city between Tampa and Miami in both population and area. Sanibel Island is a deed restricted community that does not allow for storage of any kind, with the nearest self-storage facility being over 10 miles from its center. The area is a #1 tourist destination in Florida and internationally.
The site is ready for construction drawings/permits to be submitted, as it already has a fully approved Site Plan/Development Order from Lee County for a 101,247 SF, Class A climate-controlled storage building.
Mulberry Grove StorageCall Broker for Price247 Units
Mulberry Grove Storage is a class A two-story climate-controlled facility in the growing city of Cataula, Georgia, just 10 minutes outside of Columbus, Georgia with a bustling population. The property benefits from numerous single family and multifamily new construction projects located in very close proximity. The area is showing good growth, with plenty of upcoming and planned developments in the immediate vicinity.
Mulberry Grove Storage was completed in early 2023, and opened in April, 2023. within a few short months the facility has experienced a strong leasing velocity to a current 32% and growing. The property features excellent visibility from highway 315, easy access to all units with both floors having ground level access, state of the art access and security features, and institutional quality build and finishes.
The property will be conveyed with a first right of refusal on 4+ acres across the street for excellent expansion opportunities.
High-quality storage development site in Moore, OK, located in the Oklahoma City MSA with strong demographics (3-Mile AHHI of $89,000; 3-Mile Population of 73,706).
Opportunity to gain additional scale by building multi-story.
Simple to Operate Self Storage, 9,222 NRSF, with 100% current occupancy.
Tumwater Storage is a great opportunity to acquire a stabilized facility located in Tumwater just East of Black Lake and West of I-5near Costco, in Southcentral Washington. Comprised of (12) Covered/Enclosed Boat/RV Units, woodframed drive-up single-story units, plus (18) Outdoor parking spaces. The average Rental Rate is $0.53/SF.
Room to increase rents in a high occupancy rental market.
Ideal opportunity for new operators to add new units immediately to take advantage of the recreational market demand for large units.