Cap Rate
7.25%
Tot. SF
41,540
Hollister & Rockaway Beach, MO
Missouri Storage Portfolio$3,130,000
Key Information
Units
351
Type
Self Storage
Occupancy
69%
NOI
$226,305
Highlights
- Three facilities totaling 41,540 NRSF located within a 7 mile radius from one another
- Opportunity to increase physical occupancy, as unit occupancy currently stands at 69%
- Room for expansion existing at two locations
- Opportunity to increase rental rates at all three locations
- Attractive stabilized yields north of 8.50%, day-1 cap rate of 7.25%
Photos
0
Agents
H
Hunter ReynoldsLicense # 414787 (GA)
A
Austin McLeodLicense # 394903 (GA)
Broker of Record
Kyle Matthews
License # 2022018843 (MO)Matthews™ 1600 West End, Ste. 1500 Nashville, TN 37203