$400,000
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0000 Middle Coaling Road Coaling, AL 35453
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FOR SALE: 59 Unit Mini-Storage in Coaling, AL offered at a 10% Cap Rate on in-place income. The development has 40 10x10 units, 12 5x10 units, and 7 10x20 units. There are value-add opportunities through lease up and increasing âgrandfatheredâ rents that can increase the return to 12%. The prope...rty is 1.01+/- acres. P&L and rent-roll will be made available as part of a purchaserâs due diligence process.
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MLS#
147468
Property Type
Business Opportunities
Lot Size
1.01
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