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Mr. Richard, the self storage unit in Maynardville, TN sold yesterday.
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Stowaway Self Storage for Sale

4033 East Morris Blvd
Morristown, TN 37813

CB Richard Ellis is pleased to offer for sale 4033 East Morris Blvd, Morristown, TN; known as Stowaway Self Storage. This 137 unit, 15,400 sq ft facility is remotely managed utilizing an on-site kiosk. Current occupancy is 80.5%, and the property is being offered at a true in-place cap rate of 8.25%. Year 1 cash-on-cash return is 10.29%.

Price: $854,000
Units: 137
15,400 sq ft
Gross Income: $87,822
Expenses: $17,365
Net Income: $70,457
Cap Rate: 8.25
Occupancy: 80.5 %

Click here for Brochure

Morristown Stowaway Self Storage for Sale

Morristown TN Stowaway Self Storage for Sale

Stowaway Self Storage for Sale TN

CONTACT

Ashley Compton
150 4th Ave North, Ste 2110
Nashville, TN 37219
Phone: 615-248-1130
Fax: 615-255-4610

 

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