Log In/Sign Up
Your email has been sent.
1601 Bridgewell ln - Best Southern Storage 17,950 SF Specialty Building Offered at $975,000 at a 8.20% Cap Rate in Port Gibson, MS 39150
INVESTMENT HIGHLIGHTS
- Gated entry with keypad and remote management capabilities
- Surrounded by major employers and stable residential base
- Solid Average Household Income of $69,023 Within Three Miles of the Property
- Underserved market with low saturation rate of 5.5 SF/capita
- Located 50 miles from Jackson with highway and rail access
- Port Gibson is Located Approximately 50 Miles Southwest of Jackson, Mississippi, and is Home to 1,166 Residents
EXECUTIVE SUMMARY
This cash-flowing self-storage facility features 185 non-climate-controlled units, totaling 17,950 net rentable square feet. Situated on a 2.84-acre lot, the property offers ample space for future storage expansion or the addition of outdoor parking rentals. The facility benefits from limited competition in the immediate trade area, as evidenced by a market saturation rate of just 5.5 square feet per capita within a five-mile radius. There is a clear opportunity to increase revenue through lease-up completion, stabilization, and the implementation of existing customer rent increases. With an automatic gate, keypad entry, and management software already in place, the facility is well-positioned for remote management.
PROPERTY FACTS
| Price | $975,000 | Building Class | B |
| Price Per SF | $54.32 | Lot Size | 2.64 AC |
| Sale Type | Investment | Building Size | 17,950 SF |
| Cap Rate | 8.20% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1997 |
| Property Subtype | Self-Storage |
| Price | $975,000 |
| Price Per SF | $54.32 |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 2.64 AC |
| Building Size | 17,950 SF |
| No. Stories | 1 |
| Year Built | 1997 |
AMENITIES
- Property Manager on Site
1 1
PROPERTY TAXES
| Parcel Number | 3-0082-03-008-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $37,044 |
PROPERTY TAXES
Parcel Number
3-0082-03-008-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,044
CONTACTS
-
Josh Snead -
Frank DeSalvo -
Justin Clark -
David Perlleshi -
Darron Kattan -
Franklin Street
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1601 Bridgewell ln - Best Southern Storage
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.