Well Maintained Jack Pot Mini-Storage Facility | 97.35% Occupancy
Industrial
for Sale
| Catylist Listing ID: |
30873112 |
| Property Subtypes: |
Self Storage, Other
|
| Building Size (RSF): |
20,900 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.34 Acres
|
| Sale Price: |
$999,000 |
| Unit Price: |
$47.80 PSF |
| Office SF: |
500 SF |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/5/2024 |
Overview / Comments
|
Introducing a prime investment opportunity in the heart of Biloxi, MS. This impressive 20,900 SF mini storage property features 113 storage units with a remarkable 97.35% occupancy rate, with below market rents. Built in 1997 and 2007, this versatile asset is ideally positioned for an astute investor seeking to capitalize on our robust MS Gulf Coast Market. Don't miss out on this easy to operate strategically located property representing a solid investment in a thriving area. Stabilized NOI is approximately $81,000 annually.
|
Additional Details
| Nearest MSA: |
Gulfport-Biloxi |
| County: |
Harrison |
| Tax ID/APN: |
05413014.000 |
| Zoning: |
C-2 |
| Property Located Between: |
1.2 Miles East of Lamey Bridge Road on Lemoyne Blvd., in Biloxi/St. Martin (Jackson County), MS |
| Year Built: |
2007 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,032 |
32,805 |
59,443 |
| Median Age: |
32.15 |
35.36 |
36 |
| Households: |
3,941 |
12,381 |
23,073 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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