For Sale
$1,299,000

104 Al-59Summerdale, AL 36580

168-Unit Self Storage Facility, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 17,525-square-foot self-storage facility, built in 1996, presents a compelling investment opportunity in the rapidly expanding Summerdale, Alabama market. Located at 104 AL-59, this property boasts 168 units, with 15,725 square feet dedicated to traditional drive-up and climate-controlled storage. The facility also includes an 800-square-foot apartment currently rented for $800 per month (market rent exceeds $1,000), and three vacant office spaces totaling 1,200 square feet. These office spaces offer significant value-add potential

Highlights

  • Purchase Price: $1,400,000
  • 168-unit multifamily property located at 17,525 NRSF, Summerdale, AL 36580
  • Significant value-add opportunity through rent and occupancy increases.
  • Located in Baldwin County, Alabama's fastest-growing county.
  • Currently 80% occupied.
  • Strong demographics: Over $60,000 median household income within a 5-mile radius.

Property Details for 104 Al-59

Property type
Self storage facilities
Year Built
1996
Lot Size (sq. ft)
48,787 SF
Units
168

Location Insight

City
Summerdale
County
Baldwin
State
Alabama
Latitude
30.4863762
Longitude
-87.7090738
104 Al-59, Summerdale, Alabama

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].
104 Al-59
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message