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315 45th St
Fairfield, AL 35064
Specialty Property For Sale
·
19,363 SF
Investment Highlights
- Strong surrounding population with over 50,000 people living in a 3-mile radius and over 115,000 people living in a 5-mile radius
- Significant value add opportunity through improved management and reducing expenses
- Strong opportunity to improve physical and economic occupancy and increase revenue quickly
- Very limited supply in a 5-mile radius with only 5.82 square feet per capita
- High yields upon stabilization – projected 9.80% Year 2 Cap Rate and 11.22% Year 4 Cap Rate
Property Facts
| Property Type | Specialty | Building Size | 19,363 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1956 |
| Lot Size | 0.78 AC | Parking Ratio | 0.61/1,000 SF |
| Zoning | B3 - General Commercial | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 19,363 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | B3 - General Commercial |
Amenities
- Signage
Property Taxes
| Parcel Number | 30-00-12-2-016-001.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $108,140 |
Property Taxes
Parcel Number
30-00-12-2-016-001.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$108,140
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