Listed by SVN | Wilson Commercial Group, LLC, SVN Toomey Property Advisors, SVN Southland Commercial
$3,050,000
3 Property Portfolio
Details
Property Type Industrial, Self Storage
Sub Type Flex, Warehouse
Square Footage 64,235
Units 354
Cap Rate 6.6%
NOI $201,255
Price per SqFt $47
Acreage 6.490
Industrial | 6.60% CAP | 64,235 SqFt
Marketing description
SVN and SelfStorageSales.com are pleased to present a well-positioned 3-property self-storage portfolio located across Hattiesburg, Ellisville, and Laurel, Mississippi. EZ Lock Storage in Hattiesburg boasts 21,115 square feet and 130 units on 2.46 acres, offering solid capacity for local storage demand. EZ Lock Storage in Ellisville provides 13,500 square feet, 111 units, and a prime retail space on .95 acres, offering investors an additional income stream. EZ Lock Storage in Laurel spans 29,620 square feet with 113 units on 3.08 acres, including 10 retail office spaces, and also features an on-site billboard, providing additional revenue potential. All properties are set up on remote management through StorEdge, ensuring operational efficiency and convenience. This portfolio offers investors a unique opportunity to acquire well-maintained, income-generating facilities with remote management in place, positioned in expanding markets.
This unique self-storage portfolio is strategically located across three thriving cities in Mississippi: Hattiesburg, Ellisville, and Laurel. Hattiesburg, part of the Hattiesburg MSA with a population of over 150,000, is known as the "Hub City," offering a robust economy fueled by healthcare, education, and a vibrant downtown scene, making it a prime location for storage demand. Ellisville, home to the renowned Jones College and part of the Hattiesburg MSA, enjoys consistent residential growth and a stable local economy, creating long-term opportunities. Laurel, with a population of over 80,000 in the Laurel MSA, is famous for its revitalized historic district and booming arts and culture scene, attracting both tourists and locals. These locations provide a compelling investment in areas with strong economic underpinnings and ongoing development.
Investment highlights
- Growing Markets
- Remote Management in Place
- Excellent Frontage & Retail Space
- MSA Population 150,000+
- 4129 Hwy 15 N Ste 2, Laurel Ms 39440: 29,620 Sf, 113 Units
- 102 Deason St, Ellisville Ms 39437: 12,000 Sf, 111 Units
Listing Contacts
Listed by SVN | Wilson Commercial Group, LLC, SVN Toomey Property Advisors, SVN Southland Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$201,255.00
$16,771.25/mo
Valuation Metrics
0
DSCR
6.6%
Cap Rate
6.6%
ROI
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