LIST PRICE
Market Bid
TOTAL UNITS
603
NRSF
74,175
FACILITY NAME | ADDRESS | NRSF | TOTAL # OF UNITS | CLIMATE CONTROLLED UNITS | NON-CLIMATE CONTROLLED UNITS | PARKING SPACES |
YEAR BUILT |
LOT SIZE (AC) |
Allsafe Storage | 3005 Overlook Drive NE & 2265 Shady Ln | 40,900 | 310 | 85 | 164 | 0 | 2000-2005 | 3.28 |
Allsafe Storage | 100 Old Charleston Lane NE | 33,275 | 293 | 123 | 170 | 0 | 2023 | 3.10 |
INVESTMENT HIGHLIGHTS
- Seller Financing options being offered at a 5.00% Interest Rate and 24 months of interest-only payments
- Visibility to over 25,000 vehicles per day on 25th Street for Overlook and Shady
- Brand new facility in the North Lee location - Certificate of Occupancy was just delivered this year
- Significant room to improve management and operations
- Opportunity to capture over $40,000 annually in tenant insurance net income
- Dense population surrounding Overlook & Shady with 44,000 people living in a 3-mile radius and over 78,000 people living in a 5-mile radius
- Average household incomes in a 1-mile radius of North Lee are over $123k per year, and over $89k per year in a 3-mile radius
- Cleveland has experienced steady population growth over the past 10 years, and is projected to continuously grow in the coming years at 0.60% annually
EXCLUSIVELY LISTED BY:
AUSTIN McLEOD Vice President & Associate Director
DIR +1 (404) 445-1093
MOB +1 (678) 576-1780
License No. 394903 (GA)
|
HUNTER REYNOLDS Associate
DIR +1 (404) 380-1196
MOB +1 (865) 216-7034
License No. 414787 (GA)
|
BROKER OF RECORD
KYLE MATTHEWS
License No. 263667 (TN)