Creekside Storage - Harriman, TN
Self Storage with High Occupancy!!!
Marketing description
Harriman Market & Property Highlights;
Location & Market // The facility boasts excellent visibility located directly off Roane State Hwy with traffic counts that range from 9,777 to 10,690 VPD. The area is poised for growth; Roane County has approved future expansion of Roane State Hwy from two lanes to four lanes, enhancing long-term exposure and visibility
Operations & Security // The facility has sustained high occupancy for years, supported by strong local demand and above average rates within the portfolio. The facility is controlled via a PDK access controller with LiftMaster motor and closed loop exit. Lighting has been upgraded to LED across pole lights and most wall packs throughout. Surveillance includes a 13- camera Hikvision system with on-site NVR and internet connectivity, allowing for full remote monitoring.
Capital Expenditures & Improvements // This property has received substantial capital investment within the last three years. Beyond the new LED lighting, high-tech cameras and PDK access control, the facility has received a new roof as of three years ago, freshly painted buildings, and new bollards.
Investment highlights
- 96% Economic Occupancy
- Total Income $188,560 (T-12 months)
- Knoxville MSA Without REIT Saturation
- Strong Demand Drivers
- Proven Self-Storage Market
- Smaller-Format Facility With Remote Management Amenities
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