18587 Co Rd 32 Summerdale, AL 36580

This exceptional investment opportunity presents a newly constructed (April 2023) storage facility situated on a substantial 6.5-acre lot in Summerdale, Alabama (36580), at the strategic intersection of Highway 59 and County Road 32. The property features a total of 190 parking units, a convenient mix of 110 covered and 80 open-air spaces, ideal for RVs, boats, vehicles, and equipment storage. Its prime location ensures high visibility and easy accessibility, attracting a diverse clientele. The facility incorporates crucial security measures, including gated access and 24-hour availability for tenant convenience. Projected rental income is substantial, with anticipated monthly rates of $150 for covered lots and $50 for open lots, capitalizing on the area's robust population growth and consistent tourist traffic. Parcel number is 05-48-09-31-4-000-005.005. The seller is open to financing options, including a 10% down payment and a 7% interest rate. This turnkey operation offers immediate income generation and significant long-term growth potential. The building size is 283,140 square feet. This is a rare opportunity to acquire a thriving, well-located storage facility in a rapidly expanding market.