For Sale
$1,675,000
1799 Friendship RdOxford, AL 36203
High-Yield Self Storage Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Below-market rents offer significant upside potential for rental rate increases.
- Three strategically located facilities totaling 40,710 square feet within a 35-mile radius.
- Significant opportunity to increase both physical and economic occupancy; current physical occupancy is 69%.
- High projected stabilized yields: 8.55% Year 2 Cap Rate and 9.48% Year 4 Cap Rate.
- Over $13,000 in annual Net Operating Income (NOI) can be realized by implementing tenant insurance programs.
Property Details for 1799 Friendship Rd
- Property type
- Self storage facilities
- Units
- 283
Location Insight
- City
- Oxford
- County
- Calhoun
- State
- Alabama
- Latitude
- 33.5868711
- Longitude
- -85.8043984
1799 Friendship Rd, Oxford, Alabama
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- 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.
- 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 unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website