For Sale
$2,890,000

9970 Al-157 South Vinemont, AL 35179

Modern Self Storage Facility; High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a state-of-the-art self-storage facility in Vinemont, Alabama, built in 2023. Boasting 157 units across two single-story buildings totaling 24,300 square feet, this property sits on a 4-acre lot with convenient access to AL-157 and I-65, ensuring high traffic flow. Currently operating at 90% occupancy, with a projected 100% occupancy by October 23, 2024, this facility offers significant potential for immediate return on investment. High-tech features include 24/7 hands-free gate access, self-leasing kiosks (Insomniac 920 model), advanced security cameras, and ample lighting throughout the property. The facility benefits from both front and rear entrances, and the expansive lot allows for future expansion. Additional revenue streams could be generated through billboard rentals. Strategically located between Huntsville and Birmingham, this property presents a compelling opportunity for investors seeking a high-performing, modern self-storage asset. The asking price is $2,890,000, translating to $118.93 per square foot and $18,407.64 per unit.

Highlights

  • $2,890,000 asking price for this 24,300 square foot self-storage facility.
  • Located on 4 acres in Vinemont, Alabama, near I-65.
  • Features 157 units in two 1-story buildings, built in 2023, with 90% occupancy.
  • State-of-the-art facility with 24/7 access, self-leasing kiosks, and security cameras.
  • Potential for expansion and additional income streams.

Property Details for 9970 Al-157

Property type
Land, Self storage facilities
Square Feet
24,300 SF
Year Built
2023
Buildings
2
Stories
1
Lot Size (sq. ft)
174,240 SF
Units
157

Location Insight

City
South Vinemont
County
Cullman
State
Alabama
Latitude
34.2364924
Longitude
-86.9321863

FAQs

What type of property is this?
Land - Modern Self Storage Facility; High Occupancy
Where is the land located?
The property is located at 9970 Al-157 South Vinemont, AL.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: $2,890,000 asking price for this 24,300 square foot self-storage facility.; Located on 4 acres in Vinemont, Alabama, near I-65.; Features 157 units in two 1-story buildings, built in 2023, with 90% occupancy.
How can I contact the broker?
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9970 Al-157
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