2591 Highway 70 Waverly, TN 37185
- Investment properties
- 13,344 SF
- 0.98 lot acres
Current Use by Public Records
- TriStar Self Storage / Self-Storage Facility
Property Details for 2591 Highway 70
- Year built
- 2010
- Lot size
- 0.98 lot acres
- Property size
- 13,344 SF
- Property type
- Investment properties
Description
This exceptional investment opportunity encompasses two strategically located self-storage facilities in Waverly, Tennessee. The main property, situated on Highway 70 East, boasts 7,344 square feet of newly renovated storage space on a 0.98-acre lot. Recent improvements include brand new doors, latches, and springs, enhancing both security and functionality. Constructed in 2010, this facility offers a significant advantage with an additional 2,880 square feet of pad-ready land, presenting a prime opportunity for expansion and increased revenue generation. The second facility, located at 801 Barren Hollow Road, near I-40, provides an additional 6,000 square feet of storage space across buildings constructed in 2000 and 2004, situated on a one-acre lot. Both locations are fully fenced and secured with locking gates, ensuring tenant and asset security. The combined 13,344 square feet of rentable space is currently 100% remotely managed, offering a streamlined operational model. This turnkey investment presents a rare opportunity to acquire a well-maintained, high-performing storage portfolio in a growing market, with significant potential for future expansion and increased profitability. The asking price for this exceptional property is $799,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waverly
- County
- Humphreys County, TN
- State
- Tennessee
- Longitude
- -87.7494
- Latitude
- 36.0861
