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105 Progress Center Plz - Bluebird Mini Storage Value-Add Self Storage 15,000 SF Specialty Building Offered at $749,900 in Centerville, TN 37033
Executive Summary
Bluebird Mini Storage presents a rare opportunity to acquire an established 95-unit self-storage facility in Centerville, Tennessee. The property is currently approximately 72% occupied and offers immediate cash flow with substantial upside through increased occupancy, revenue optimization, and potential future expansion.
Current gross income is approximately $54,000 annually with existing rental rates supporting a potential gross income of nearly $78,000 annually before any expansion. The property offers investors multiple avenues to increase net operating income while benefiting from an established customer base and a market with limited self-storage competition.
Whether you're an experienced self-storage operator looking to add to your portfolio or an investor seeking a value-add opportunity, Bluebird Mini Storage offers the ability to create long-term value through operational improvements and strategic expansion.
This is an excellent opportunity to acquire an income-producing asset with immediate cash flow and significant upside in Middle Tennessee.
Current gross income is approximately $54,000 annually with existing rental rates supporting a potential gross income of nearly $78,000 annually before any expansion. The property offers investors multiple avenues to increase net operating income while benefiting from an established customer base and a market with limited self-storage competition.
Whether you're an experienced self-storage operator looking to add to your portfolio or an investor seeking a value-add opportunity, Bluebird Mini Storage offers the ability to create long-term value through operational improvements and strategic expansion.
This is an excellent opportunity to acquire an income-producing asset with immediate cash flow and significant upside in Middle Tennessee.
Property Facts
| Price | $749,900 | Lot Size | 1.45 AC |
| Price Per SF | $65.27 | Building Size | 11,490 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | C2 - Commercial | ||
| Price | $749,900 |
| Price Per SF | $65.27 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 11,490 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 084-036.03 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $212,520 |
Property Taxes
Parcel Number
084-036.03
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$212,520
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