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4875 Hanson Rd - Madisonville Storage Units 10,050 SF Specialty Building Offered at $495,000 in Madisonville, KY 42431
Executive Summary
- Highly-Occupied Self Storage Facility Comprised of 102 Drive-Up Non-Climate Unit Totaling 10,050 Net Rentable Square Feet
- Facility Sits on Two Parcels Totaling 1.04 Acres, With Enough Room for an Additional Building or the Implementation of Outdoor Parking Rentals
- Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
- Strong Average Household Income of $84,377 Within Three Miles of the Facility
- Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Mandates
- Madisonville is Located in Western Kentucky, Approximately 45 Miles Due South of Evansville, Indiana, and is Home to 19,855 Residents
- The Madisonville MSA is Comprised of Only Hopkins County and is Home to 44,929 Residents
- Facility Sits on Two Parcels Totaling 1.04 Acres, With Enough Room for an Additional Building or the Implementation of Outdoor Parking Rentals
- Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
- Strong Average Household Income of $84,377 Within Three Miles of the Facility
- Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Mandates
- Madisonville is Located in Western Kentucky, Approximately 45 Miles Due South of Evansville, Indiana, and is Home to 19,855 Residents
- The Madisonville MSA is Comprised of Only Hopkins County and is Home to 44,929 Residents
Property Facts Under Contract
| Price | $495,000 | Lot Size | 1.41 AC |
| Price Per SF | $49.25 | Building Size | 10,050 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Price | $495,000 |
| Price Per SF | $49.25 |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 1.41 AC |
| Building Size | 10,050 SF |
| No. Stories | 1 |
| Year Built | 1990 |
1 1
Property Taxes
| Parcel Number | M-28-3-72 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $305,000 |
Property Taxes
Parcel Number
M-28-3-72
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$305,000
Contacts
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Justin Clark -
Frank DeSalvo -
Josh Snead -
David Perlleshi -
Darron Kattan -
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4875 Hanson Rd - Madisonville Storage Units
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