4590 Overton RdBirmingham, AL 35210

Property Details for 4590 Overton Rd

Year built

2019

Lot size

11.00 AC

Property size (Sq ft)

130,908 SF

Zone code

C1

Property type

Warehouses

APN

28-00-01-3-000-001.000

APU

2800013000001000

Description

This exceptional Class A self-storage portfolio in Birmingham, Alabama, presents a compelling investment opportunity. Comprising two strategically located facilities at 4590 Overton Rd and 5215 Caldwell Mill Rd, the portfolio boasts a combined 182,300 net rentable square feet across 1,540 units. Built in 2018 and 2019, these three-story buildings sit on approximately 5.61 to 6.81 acres of land. Currently operating at an 83% occupancy rate (as of November 1, 2024), the portfolio offers significant upside potential. The properties feature ample parking, multiple entry points, robust security, and high-quality construction. Their locations benefit from substantial recent and ongoing residential and commercial development in the surrounding areas, totaling billions of dollars in investment. The portfolio's strong performance is further enhanced by the opportunity to increase revenue through higher tenant insurance penetration, currently at 37%. This fee-simple ownership offers a 6.00% cap rate, making it an attractive investment in a stable, modestly growing market. The portfolio's exceptional features and prime location within a thriving Birmingham MSA make it an ideal acquisition for institutional investors seeking a high-quality, stabilized self-storage asset.

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4941

Longitude

-86.7033

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].