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7829 U S Highway 11
Lumberton, MS 39455

$249,000 USD

Self Storage For Sale  •  7,600 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 7,600 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 10.47 %
  • Zoning COM
0 Transit Score
23 Walk Score

Description

41 mini-storage units, pre-engineered steel/metal (1200 SF, 1600 SF & 2400 SF)
Retail building has 2400 SF & is heated/cooled; brick exterior, stained concrete floor, high ceiling
City services for water & sewerage
Property is mostly fenced

Highlights

Investment diversity with 41 mini-storage units plus 2400 SF retail bldg
City water & sewerage; property is mostly fenced
2 blocks from W. Main Ave in City limits; high traffic area

Financial Summary (Actual)

Net Operating Income: $26,061 USD (2023)
Cap Rate: 10.47 %
Total Expenses: $10,659 USD

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Paulette Egler 985-264-5342 REALTYcom, LLC
Paulette Egler 985-264-5342 REALTYcom, LLC