Bluebird Mini Storage | Value-Add Self Storage Investment
Value-Add Self Storage Facility with Existing Cash Flow and Future Development Potential
Marketing description
Established self-storage investment opportunity in Centerville, TN. This 95-unit storage facility sits on approximately 1.4 acres and features a gated entrance, front office space, concrete-pad units, and a variety of unit sizes that support multiple rental rate options. Positioned along a state highway corridor, the property offers convenient access, visibility, and strong local-service appeal for personal storage, business storage, contractor storage, household overflow, and transitional storage needs.
The facility provides a solid existing storage footprint with the added benefit of future growth potential. The mix of unit sizes allows flexibility in rental pricing and tenant demand, while the site offers room to explore additional units or other enhancements over time. Investors and operators will appreciate the existing infrastructure, gated access, office component, established storage use, and the opportunity to build on the foundation already in place.
Self-storage remains an attractive commercial asset class due to recurring rental income, broad tenant demand, and relatively efficient operations. Whether for an experienced storage operator, local investor, or buyer seeking an income-producing commercial asset with expansion potential, this Centerville storage facility presents a compelling opportunity to acquire an established property with multiple avenues for long-term growth.
Investment highlights
- 95 Existing Self Storage Units
- Approximately 72% Occupied with Immediate Upside
- Current Gross Income of Approximately $54,000 Annually
- Potential Gross Income of Approximately $77,760 Annually at Current Rental Rates
- Value-Add Investment Through Lease-Up and Revenue Growth
- Expansion Land Available for Additional Units (subject to buyer verification and approvals)
- Established Facility with Operating History
- Located Along a Growing Commercial Corridor
- Opportunity to Increase NOI Through Professional Management
- Strong Long-Term Demand for Self Storage
- Ideal for Owner-Operator or Investment Group
- Multiple Value Creation Opportunities Through Occupancy Growth, Rent Optimization, and Expansion
- Located in a Market with Limited Self Storage Competition
- Excellent Opportunity to Build Equity Through Operational Improvements
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