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4009 Cogswell Ave, Pell City, AL, 35125

Easy Storage
$555,000

Key Information

Cap Rate
7%
$ per SF
$40
Tot. SF
14,050
Units
81
Year Built
2000
Type
Self Storage
Occupancy
94%
NOI
$38,831

Highlights

  • 94% Physical Occupancy: Stabilized asset with strong in-place occupancy.
  • Below-Market Rents: Opportunity to increase revenue through mark-to-market rent adjustments.
  • Ancillary Income Upside: No tenant insurance or ancillary fees currently in place, allowing for future revenue enhancement.
  • On-Site Office Availability: ±2,000 SF office space available for lease.
  • Strategic Location: Situated near Logan Martin Lake, offering potential demand from recreational and residential users.
  • Secure and Improved Infrastructure: Fully fenced, gated, and paved site, enhancing security and tenant appeal.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203