Battles Self Storage Fairhope

Industrial for Sale
Sale Pending
Catylist Listing ID: 30144672
Property Subtypes: Self Storage
Status: Pending
Building Size (RSF): 11,200 SF
Gross Land Area: 8.05 Acres
Sale Price: $950,000
Unit Price: $84.82 PSF
Ceiling: 16 ft. / 14 ft. Clear
Property Use Type: Investment
Building Name: Battles Self Storage
Usable Size (USF): 11,200 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/13/2018

Overview / Comments

Battles Self Storage is a newly constructed self-storage facility that offers the best in design and quality. On a total of 8.05 Acres, the existing 14 units in Phase I (2.71 +/- Acres) is 16X50ft. Access doors measure 12X14ft with interior ceiling heights reaching 16ft. The property is fully secured and can be accessed by remote key bad. Individual units are accessed via private code or remote.

Unique to the market, Battles Self Storage is designed and approved as a condo self-storage development which gives a future owner the ability to sell individual units if so desired. The purchase price includes over 5.34+/- acres currently cleared and ready for future expansion of this project, which significantly increases its income potential. Considering the quality and location of Battles Self Storage, it is ideal for future expansion. Future build out opportunities for a total of 175 + units or 138,800 sf. of building capacity on this site.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2017
Roof Type: Flat
Construction/Siding: Metal Siding
Parking Type: Surface
Sprinklers: None
Lighting: Fluorescent
Water Service: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,259 16,500 24,410
Median Age: 38.71 45.66 44.7
Households: 517 7,157 10,319
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.