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511 Old Riceville Rd
Athens, TN 37303

Price Upon Request

Self Storage For Sale  •  133,600 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 133,600 SF
  • Lot Size 16.72 AC
  • Building Class C
  • Year Built 1995
0 Transit Score
39 Walk Score

Highlights

MARKET-DOMINATING PORTFOLIO: Assured Storage of Athens includes a primary facility and four satellite locations, totaling 1,093 units and 133,600 SF
The main facility features seven single-story buildings with gated access, 24-hour surveillance, a spacious management office, and well-maintained sec
RECENT EXPANSION: 2580 Ingleside Ave, a repurposed college facility, now offers climate controlled storage and 92 boat/RV parking spaces.
FUTURE EXPANSION OPPORTUNITIES: The portfolio offers multiple opportunities to further expand the rentable SF beyond the current 133,600 SF
Priced at $16,180,000 at a stabilized 7.75% cap rate and just $121.11 PSF, offering both market dominance and future revenue growth opportunities