Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility

Contact Information

Sentry Storage
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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