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Etowah & Athens, TN Storage Portfolio 3 Specialty Properties Offered at $4,200,000 in Multiple Locations
Investment Highlights
- Very strong performance from the facilities with unit and square footage occupancy both currently at 96%
- All three sites within 15 minutes of each other totaling 44,756 NRSF
- Starr Haven subdivision in Etowah just approved for 159 single-family homes to be developed
- Extremely high occupancy despite no money spent on advertising currently
- Benefiting from DENSO Manufacturing in Athens — recent $100 million expansion adding 200 jobs
Property Facts
| Price | $4,200,000 | Number of Properties | 3 |
| Price / SF | $101.08 / SF | Individually For Sale | 0 |
| Cap Rate | 6.87% | Total Building Size | 41,550 SF |
| Sale Type | Investment | Total Land Area | 6.64 AC |
| Status | Active |
| Price | $4,200,000 |
| Price / SF | $101.08 / SF |
| Cap Rate | 6.87% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 41,550 SF |
| Total Land Area | 6.64 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1680 Tennessee 30, Athens, TN, USA, Athens, TN 37303 | Specialty | 16,693 SF | 2022 | - |
| 2437 US Hwy 411, Etowah, TN 37331 | Specialty | 19,417 SF | 1980 | - |
|
Storage Park-Etowah South
1510 Tennessee Ave, Etowah, TN 37331 |
Specialty | 5,440 SF | - | - |
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Etowah & Athens, TN Storage Portfolio
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