Strong market fundamentals and demographics offering strong demand for storage
Competitive market positioning with room for rental rate growth and value appreciation through revenue management, implementing a tenant insurance program and improving overall operations
Fairlane Storage was built in 2021/2022 and is located at 25171 State Hwy. 59 (aka Gulf Shores Parkway) in Loxley in Baldwin County, AL. Baldwin County is one of the fastest growing counties in the country and Loxley’s population grew 173.2% from 2010-2024.
The facility has two gated access points, one on Hwy. 59 and one on Rawls Road. The entire 6.4 +/- acres is fully fenced. There are currently six self-storage buildings, one Boat/RV building and 20 outdoor parking spaces with a total of 47,400 rentable square feet. The facility has 206 units consisting of 88 climate controlled units, 88 non-climate units, 10 Boat/RV units and 20 outdoor parking spaces.
The property also has a 1,280 +/- SF workshop with two rollup doors, office and covered area. In addition, there is a 300 +/- SF efficiency apartment that could be used as an office. A new owner may prefer to remove the building and utilize the area for more storage space.
