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0000 Middle Coaling Rd Coaling, AL 35453

Sponsored
For Sale
$400,000

59-unit facility, 10% cap rate, value-add opportunities.

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional investment opportunity presents a 59-unit mini-storage facility situated on a 1.01-acre lot in Coaling, Alabama. Currently boasting a 10% capitalization rate based on existing income, this property offers significant potential for increased profitability. The facility comprises a diverse mix of unit sizes, including forty 10x10 units, twelve 5x10 units, and seven larger 10x20 units, catering to a wide range of storage needs. A key advantage lies in the opportunity to enhance returns through strategic lease-up of vacant units and the implementation of a phased rent increase plan. Existing rents are considered "grandfathered," allowing for adjustments to market rates, potentially boosting the capitalization rate to 12%. Detailed financial information, including a profit and loss statement and a comprehensive rent roll, will be provided to qualified buyers during the due diligence phase. This well-located mini-storage facility presents a compelling investment prospect for those seeking strong cash flow and substantial upside potential in the Alabama market. The property's size and unit diversity make it an attractive option for both seasoned investors and those new to the self-storage sector. The potential for increased profitability through lease-up and rent adjustments makes this a truly compelling investment opportunity.

Property Features for 0000 Middle Coaling Rd

General Information

Property type
Investment properties
Lot Size
43,996 SF

Property Profile Location Intelligence

Current Use by Public Records

Investment properties

Suggested Use

Restaurant Auto Repair Shop Bar & Pub Grocery Store Food Market HVAC Service Convenience Store Discount Store Furniture Store Smoke and Vape Shop

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

Location Insight

  • Map
  • Local Demand
City
Coaling
County
Tuscaloosa
State
Alabama
Longitude
-87.34339
Latitude
33.1725

FAQs

What type of property is this?
Investment property - 59-unit facility, 10% cap rate, value-add opportunities.
Where is this investment property located?
The property is located at 0000 Middle Coaling Rd Coaling, AL.
What is the asking price?
The asking price for this property is $400,000.
More about this property
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