117 Eastview Dr
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117 Eastview Dr
38,920 SF Specialty Building Offered at $2,150,000 at a 6.04% Cap Rate in Laurel, MS 39443
Investment Highlights
- Laurel, Mississippi is Located in Southern Mississippi Approximately 25 Miles Northeast of Hattiesburg
- Market Saturation of 7.5 SF/Capita and No New Developments Planned Within Three Miles of the Site
Executive Summary
The facility is comprised of 4,900 NRSF of climate-control units, 19,950 NRSF of non-climate units, and 14,070 NRSF of enclosed parking units. Opportunity to increase revenue through raising below market rents, specifically on climate control units. The facility could also be subdivided from existing parcels, providing the next owner with 6.86 acres and
ample buildable land for future expansion.
ample buildable land for future expansion.
Property Facts
Price | $2,150,000 | Property Subtype | Self-Storage |
Price Per SF | $55 | Lot Size | 6.86 AC |
Sale Type | Investment | Building Size | 38,920 SF |
Cap Rate | 6.04% | No. Stories | 1 |
Property Type | Specialty | Year Built | 1986 |
Price | $2,150,000 |
Price Per SF | $55 |
Sale Type | Investment |
Cap Rate | 6.04% |
Property Type | Specialty |
Property Subtype | Self-Storage |
Lot Size | 6.86 AC |
Building Size | 38,920 SF |
No. Stories | 1 |
Year Built | 1986 |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $94,918 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$94,918
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117 Eastview Dr
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