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McComb Storage Portfolio 1 Specialty Properties Offered at $2,594,180 in Mccomb, MS
Investment Highlights
- Two facilities totaling 51,350 NRSF located 2.36 miles apart in McComb, MS
- Offered below replacement cost at $50.63 per rentable square foot
- Approximately one acre available for future expansion at Park Side Storage
- 90% physical occupancy across the portfolio with 92% square foot occupancy
- Mom-and-pop operated with limited marketing despite strong physical occupancy
- Proximity to three modern apartment communities and upscale retirement community
Executive Summary
Broker Of Record
Phillip Carpenter
Carpenter Properties, Inc.
8906, C-11708 (MS)
1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550
Phillip Carpenter
Carpenter Properties, Inc.
8906, C-11708 (MS)
1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550
Property Facts
| Price | $2,594,180 | Number of Properties | 2 |
| Price / SF | $74.62 / SF | Individually For Sale | 0 |
| Cap Rate | 6.65% | Total Building Size | 34,767 SF |
| Sale Type | Investment | Total Land Area | 2.42 AC |
| Status | Active |
| Price | $2,594,180 |
| Price / SF | $74.62 / SF |
| Cap Rate | 6.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,767 SF |
| Total Land Area | 2.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Storage Solutions of McComb
1315 24th St, Mccomb, MS 39648 |
Specialty | 34,767 SF | 2005 | - |
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Contacts
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Hunter Reynolds -
Austin McLeod -
Campbell Watkins -
Matthews Real Estate Investment Services
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