Mobile, AL
Generations Self Storage
$5,000,000
364 Units
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Mobile, AL
Generations Self Storage
$5,000,000
364 Units
Generations Self Storage sits on 3.34 acres with 42,115 NRSF within one large climate-controlled building and three non-climate drive-up buildings. There are 236 climate-controlled units and 128 non-climate-controlled units. The property has on on-site office and two bathrooms. The property is fully fenced, has remote access through the building and electronic gate and has security cameras inside and out. There is additional land for expansion behind the dollar general.
Generations Self Storage is located on the west side of Mobile, AL and in the path of growth. Due to growth being restricted to the east and the south, West Mobile is the future of this growing coastal city. The property is located within proximity of large residential development with over 1,600 residential units under construction in West Mobile, and more on the way. Professional Management and onsite personnel will drive a quicker lease-up. The property opened in April of 2023 and is currently 18% physically occupied.
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Daphne, AL
County Road 64 Storage
$10,900,000
506 Units
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Daphne, AL
County Road 64 Storage
$10,900,000
506 Units
County Road 64 Storage is comprised of two locations in Daphne, AL. The main location is located at 10870 County Road 64, and the annex is located at 10371 County Road 64, which is approximately ½ mile apart.
The main location is comprised of four buildings which includes 224 climate control units and 282 non-climate control units. Additionally there are 165 open boat & RV parking spaces. This location is entirely fenced and gated with an electronic keypad access gate. It is also monitored with 18 security cameras. There is an onsite office with a small break area as well as an attached garage with a roll-up door that is used for company storage.
The annex location is comprised of 9 warehouse units that are 1,000 rsf each. Additionally there are 15 open boat & RV parking spaces. This location is also entirely fenced and gated with an electronic keypad access gate.
Value-add opportunities include implementing a tenant insurance program, increasing management efficiency, adding an online rental program and utilizing the expansion land.
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Sherman, MS
Beard Storage
$775,000
98 Units
Beard Storage is a meticulously maintained, four-building facility located in the heart of Sherman, MS.
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.
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