2682 Harper Rd Corinth, MS 38834-9268

This exceptional self-storage facility in Corinth, Mississippi presents a compelling value-add investment opportunity. Priced at $3,500,000, this 58,050-square-foot property boasts a 5.12% cap rate and 100% occupancy, generating a strong net operating income of $179,178. Comprising 11 single-story buildings constructed in 2000 and 2022, the facility includes 285 units, including 273 non-climate-controlled units and 12 warehouse spaces. Significant upside potential exists through improved management practices, including implementing management software, creating a website for online rentals, raising below-market rental rates, and introducing a tenant insurance program. The property's location on heavily trafficked S Harper Rd (7,800 cars/day), near major retailers like Walmart, Lowe's, and Hobby Lobby, ensures high visibility and accessibility. Situated within an Opportunity Zone, this asset offers a strategic combination of immediate cash flow and long-term growth prospects. The property's APN is 08061300214 // 08061300205 // 08061300304 // 08061300215. Seller financing is available with a 30-35% down payment, a 5-year interest-only term, and a 5% interest rate. This is a rare opportunity to acquire a well-located, high-performing self-storage facility with substantial room for operational improvements and increased profitability.