Madisonville Storage
Closed4875 Hanson Rd , Madisonville , KY 42431
Property type
Self Storage
Unit / Space count
102
Price
$425,000
Building size
10,050 sf
Rentable area
10,050 SF
Year built
Year renovated
Occupancy
Zoning code
Lot size
1.04 Acres
Sold/status
Sold · Date unknown
Sale price
$425000
Property description
Highly-Occupied Self Storage Facility Comprised of 102 Drive-Up Non-Climate Units Totaling 10,050 Net Rentable Square Feet Facility Sits on Two Parcels Totaling 1.04 Acres, With Enough Room for an Additional Building or the Implementation of Outdoor Parking Rentals Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases Strong Average Household Income of $84,377 Within Three Miles of the Facility Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Mandates Madisonville is Located in Western Kentucky, Approximately 45 Miles Due South of Evansville, Indiana, and is Home to 19,855 Residents The Madisonville MSA is Comprised of Only Hopkins County and is Home to 44,929 Residents