Jackson MS Storage Portfolio
37,175 SF Specialty Building Offered at $1,990,000 at a 7.90% Cap Rate in Jackson, MS 39209
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,990,000
- Property Type
-
Specialty
- Square Feet
- 37,175 SF
- Price / Square Foot
- $54
Listing Contacts
Kateleigh Calloway
Verified Profile
Doug Wilson
Verified Profile
Kristen Asman
Verified Profile
- Property Info
Property Overview
SVN is pleased to present For Sale American Premier Storage and American Mini Storage, both located in Jackson, MS within 3 miles of each other for a total of 81,000 SF. American Premiere Storage is 37,175 SF including both climate control and traditional storage consisting of 345 units sitting on 4.65 acres. American Mini Storage is 43,825 SF, consisting of 356 units sitting on 4.38 acres with cement drives, office, and an automated gate system. The 3 mile population density is over 55,000 and the drive by traffic ranges from 27,000 VPD to 33,000 VPD. With only 6 SF of storage per person within a 3-mile radius, there is ample expansion room and opportunity for both sites. Properties can be purchased separately. This is a value-add opportunity with both properties in lease up but with no outstanding cap ex.
Property Details
- Class
- C
- Year Built
- 2001
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 202,554 SF
Highlights
- Combined Traffic Count over 27,000 VPD
- Approximately 9,000 SF of this facility is climate controlled.
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