Blackjack Self Storage
Self Storage | 608 Units
Marketing description
Blackjack Self Storage is a Class A self storage facility located at 1943 Black Rd in Starkville, MS. The property achieved Certificate of Occupancy on April 15, 2025, and features 561 climate controlled units and 47 non-climate controlled units totaling 67,275 net rentable square feet across 5.18 acres. The facility is equipped with smart locks and keyless entry, utilizing Sitelink software for property management.
The property experienced a fantastic initial lease up period, by May 2025 occupancy had achieved 15.6%. Leasing momentum accelerated through the summer months peaking at 40% in July of 2025. Entering Spring of 2026 the property has continued to show strong leasing activity achieving 50% in physical occupancy in just the first year of operations.
Blackjack Self Storage benefits from immediate proximity to major student housing and daily traffic generators, including The Grand At Starkville, and is a short drive from the Cotton District, University Drive, and the core Mississippi State campus. The property has quick access to MS Highway 12, MS Highway 182, MS Highway 25, and US 82, which connect the property to downtown Starkville, Mississippi State, Columbus, and the broader Golden Triangle region.
Investment highlights
- Mississippi State Demand + Golden Triangle Growth = Durable Self Storage Fundamentals
- Call For Offers: August 6, 2026
- 561 Climate Controlled Units / 47 Non-Climate Controlled Units / 67,275 NRSF
- Smart Locks Keyless Entry
- Class A Self Storage Facility / Achieved Certificate of Occupancy on April 15, 2025
- Estimated 9,600 beds within 1 mile of Blackjack Self Storage
- New Starkville High School currently under construction with a budget of $105 Million
- Crossroads District Phase 1 has an estimated investment value of $75 Million
- Hotel Madelon under construction has an estimated budge of $70 Million
- The property experienced a fantastic initial lease up period, by May 2025 occupancy had achieved 15.6%
- Leasing momentum accelerated through the summer months peaking at 40% in July of 2025
- Entering Spring of 2026 the property has continued to show strong leasing activity achieving 50% in physical occupancy in just the first year of operations
- Currently 20% Economically Occupied on a Trailing 6 Months of Income / Currently 49% Physically Occupied as of July 1
- Marketing efforts during the startup phase have remained intentionally limited and cost-conscious consisting of email marketing campaigns, social media advertising and digital targeting within a five-mile radius of the facility
- Ability to achieve a stabilized cap rate of 10.38% and a stabilized cash on cash return of 18.32%
- The Golden Triangle Industrial Park, one of the Southeast's premier manufacturing hubs. The park and surrounding region have attracted more than $12 billion in private investment and created over 10,000 direct jobs
- A $2.5 billion regional economic development investment in the Golden Triangle is expected to create thousands of jobs
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