Project Description
The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the property located in the Montgomery metro area.
SOLD
NRSF: 55,296
Take advantage of the opportunity to acquire an established self-storage property near Alabama’s state capital. A historical and cultural hub that also anchors a diverse range of industries, the Montgomery metro area is currently home to 386,047 residents. Homeowners here enjoy a comfortable median household income of $59,148, along with the cost of living about eight percent lower than the national average.
The property listed in this sale is conveniently located north of Pleasant Hill United Methodist Church, just off W Andrews Ave in Ozark, AL. Built-in 2000, this recently renovated 55,296 square-foot structure offers 505 rentable units. The facility features bright lighting, a state-of-the-art security system, and climate-controlled units to protect personal belongings from sweltering Alabama summers. For added convenience, boat and RV parking options are also available.
Altogether, this sale presents a unique opportunity to acquire an established business with modern updates in a bustling Southern metro bolstered by a positive economic outlook and relatively low cost of living.
INVESTMENT HIGHLIGHTS
- Established business serving the growing Montgomery metro area; the current population is 386,047.
- Recently renovated structure with an accessible location off of W Andrews Ave.
- Modern updates include bright lighting and a state-of-the-art security system.
- The facility offers 505 rentable units; climate-controlled units are available.
- Boat and RV parking options are both available.
- Physical occupancy up to 90.8%; economy occupancy at 76.06%.