511 Old Riceville Rd | Athens, TN 37303
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511 Old Riceville Rd
Athens, TN 37303
Assured Storage of Athens Portfolio · Specialty Property For Sale
·
133,600 SF
Investment Highlights
- MARKET-DOMINATING PORTFOLIO: Assured Storage of Athens includes a primary facility and four satellite locations, totaling 1,093 units and 133,600 SF
- RECENT EXPANSION: 2580 Ingleside Ave, a repurposed college facility, now offers climate controlled storage and 92 boat/RV parking spaces.
- Priced at $16,180,000 at a stabilized 7.75% cap rate and just $121.11 PSF, offering both market dominance and future revenue growth opportunities
- The main facility features seven single-story buildings with gated access, 24-hour surveillance, a spacious management office, and well-maintained sec
- FUTURE EXPANSION OPPORTUNITIES: The portfolio offers multiple opportunities to further expand the rentable SF beyond the current 133,600 SF
Property Facts
| Property Type | Specialty | Building Size | 133,600 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1995 |
| Lot Size | 16.72 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 16.72 AC |
| Building Size | 133,600 SF |
| No. Stories | 1 |
| Year Built | 1995 |
Property Taxes
| Parcel Number | 056N-A-016.00 | Improvements Assessment | $338,960 |
| Land Assessment | $41,560 | Total Assessment | $380,520 |
Property Taxes
Parcel Number
056N-A-016.00
Land Assessment
$41,560
Improvements Assessment
$338,960
Total Assessment
$380,520
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