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0000 Middle Coaling Road Coaling, AL 35453

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For Sale
$400,000

59-unit mini-storage facility in Coaling, Alabama, offered at a 10% cap rate.

Type:Business Opportunities
Lot size:
1.01 Acres
Added:
Dec 13, 2021
Days on Market:
1589
Last Refresh:
Apr 1 at 9:31 pm

Property Features for 0000 Middle Coaling Road

General Information

Standard status
Active
Lot size
1.01 Acres
Property subtype
Business Opportunities

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Listing Contact
Pritchett Moore Real Estate

Listing agent Pritchett Moore Real Estate

Listing office

Listing date Dec 13, 2021

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pritchett Moore Real Estate


Overview

Coaling Mini-Storage Investment Opportunity

A 59-unit mini-storage facility is available for purchase in Coaling, Alabama. The property, situated on approximately 1.01 acres, features a mix of unit sizes, including 40 units measuring 10x10, 12 units measuring 5x10, and 7 units measuring 10x20. Offered at a 10% cap rate based on in-place income, the property presents value-add opportunities through lease-up strategies and potential increases to grandfathered rents, which could increase the return to 12%. Profit and loss statements and rent rolls will be provided as part of the purchaser's due diligence process.
Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Restaurant Auto Repair Shop Bar & Pub Grocery & Convenience Store Food Market HVAC Service Grocery & Convenience Store Discount Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Coaling
County
Tuscaloosa
State
Alabama
Longitude
-87.342976
Latitude
33.171495

FAQs

What type of property is this?
Self storage facility - 59-unit mini-storage facility in Coaling, Alabama, offered at a 10% cap rate.
Where is this self storage facility located?
The property is located at 0000 Middle Coaling Road Coaling, AL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 10% Cap Rate on in‑place income.; 59 Unit Mini‑Storage facility.; Value‑add opportunities through lease up and rent increases.
More about this property
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