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Kevin Hubbs

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Bristol Storage Solutions

Self Storage for Sale in Bristol, Tennessee

110 Bristol College Drive
Bristol, TN 37620

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Sale Price: $949,900

Contact Information

Kevin Hubbs

Self Storage for Sale

Number of Storage Units: 160
Acreage: 3 acre(s)
Square Footage: 17500 sqft
Occupancy: 68 %
Cap Rate: 9.6%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 301536
Posted on: Oct 09, 2012
Updated on: Dec 29, 2018
Price: $949,900

Property Description

Newer Facility - New Betco units outside and BETCO Conversion Units

Inside (80 Climate Units) (Fall 2016) Just added.
76 Units and a total of 160 units including 4 nicely finished Business offices In Climate Controlled Building - .Good Location for In House Apartment. 2 Bathrooms , Showers and Finished Living Area or Large Office.
Gross Potential Rents now are over $13000/Month.
Gross Income 2018 $103000
Op Expenses $18400 Year Cap Rate 8.6%
DigiTech Gate Controller
Sun Power Flip Up Gate
SITELINK Web Edition Software. REMOTE OPERATION Of Entire Facility,
3 New Trane Commercial Heat Pumps Units
Security Cameras Through out the facility (16) Cameras..
Just added 1.87 level acres for expansion can triple property income


New 2019 2 additional Acres added - Total of 3 acres
Complete remote operated facility.
Sitelink Web Edition software
Digitech Gate controller
Web site and Online rentals and payments new for 2019