4129 Ms-15 Laurel, MS 39440
- Self storage facilities
- 29,620 SF
Current Use by Public Records
- Self storage facilities
Property Details for 4129 Ms-15
- Property size
- 29,620 SF
- Property type
- Self storage facilities
Description
This exceptional self-storage facility in Laurel, Mississippi, presents a compelling investment opportunity. Priced at $1,700,000, this property boasts a substantial 29,620 square feet and offers a strong 7.00% cap rate. The facility comprises 113 individual storage units and 10 retail office spaces, creating diverse income streams. Its strategic location in Laurel, serving the Hattiesburg MSA with a population exceeding 85,000, ensures a robust customer base. Further enhancing its profitability is an on-site billboard, generating additional revenue. The property benefits from StorEdge remote management, optimizing operational efficiency and minimizing overhead. This well-maintained facility is situated at 4129 MS-15, Laurel, MS 39440, and is offered under a gross lease agreement with multiple tenants. The property's combination of high occupancy potential, multiple revenue streams, and efficient management makes it an attractive investment for those seeking a stable and profitable asset in a growing market. This is a turnkey operation ready for immediate income generation. The property is categorized as a multi-tenant facility.
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
- Laurel
- County
- Jones
- State
- Mississippi
- Longitude
- -89.1466
- Latitude
- 31.744
