Jasper Storage
Closed109 S Pine Dr, Jasper, AL 35504
Property type
Self Storage
Unit / Space count
63
Price
N/A
Building size
11,075 sf
Rentable area
11,075 SF
Year built
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Property description
Cash-Flowing Self Storage Facility Strategically Located Along AL-69 Which Sees 5,605 Vehicles Per Day Facility Features 62 Non-Climate Self Storage Units and One Climate-Controlled Warehouse Building Warehouse is Currently Leased Through March of 2025 With a Scheduled Rent Increase in April of 2024 Recent Cap/Ex Improvements Include New Security Cameras, New Drainage Culvert, Door Repairs/Replacements, and a Full Renovation of the Warehouse Building Value-Add Opportunities Include Steady Rent Increases to the Existing Tenant Base, Modest Street Rate Increases, and Converting the Warehouse into Climate-Control Storage Units Facility is Configured for Remote Management Allowing for a Seamless Transition to New Ownership Current ”Boots on the Ground” Employee and Virtual Assistant Who Handles Leasing/Tenant Communications Are Both Willing to Stay On After the Sale Jasper, Alabama, is Located Approximately 30 Miles Northwest of Birmingham and is Home to 14,338 Residents The Birmingham-Hoover-Talladega Combined Statistical Area is the Largest in Alabama and is Home to 1,352,565 Residents