For Sale
$5,000,000
1529 Highway 11E New Market, TN 37820
Self Storage Facility, High Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- $5,000,000 Asking Price for this self-storage facility.
- 6.97% Pro-Forma Cap Rate, generating a $348,500 Pro-Forma NOI.
- 318 Units across 13 buildings on a 5-acre lot.
- Conveniently located in New Market, TN, offering excellent visibility and expansion potential.
- Strong unit mix with recently added units and future expansion planned.
- Low operating expenses and easily remotely managed.
Property Details for 1529 Highway 11E
- Property type
- Self storage facilities
- Year Built
- 2001
- Buildings
- 13
- Stories
- 1
- Lot Size (sq. ft)
- 217,800 SF
- Units
- 318
Location Insight
- City
- New Market
- County
- Jefferson
- State
- Tennessee
- Latitude
- 36.08972669
- Longitude
- -83.58978876
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Self storage facility - Self Storage Facility, High Occupancy
- Where is the self storage facility located?
- The property is located at 1529 Highway 11E New Market, TN.
- What is the asking price?
- The asking price for this property is $5,000,000.
- What are key features of this property?
- This property features: $5,000,000 Asking Price for this self-storage facility.; 6.97% Pro-Forma Cap Rate, generating a $348,500 Pro-Forma NOI.; 318 Units across 13 buildings on a 5-acre lot.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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