Contact Information
Sentry Storage
CB Richard Ellis
CB Richard Ellis
Self Storage Details
- Price: $5,500,000
- Listing ID: 112622
- Posted On: Sep 19, 2012
- Updated On: Sep 19, 2012
Description
This offering consists of two Class A self storage facilities located in Mt Juliet and Lebanon Tennessee, just minutes from Downtown Nashville. These facilities were both built within the last 5 years, and provide a buyer the perfect opportunity to acquire 127,300 rentable square feet well below the original construction cost. Additionally, the current lender is willing to provide a 75% LTV for the portfolio to qualified buyers. A buyer will only have to bring $1.1 million dollars to gain control of 127,300 sf and $987,000 of Gross Potential Income.
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