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0000 Middle Coaling Road

COALING, AL 35453
  • $400,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 147468
UPDATED: 62 min ago
$400,000
  • 0
    BEDS
  • 1.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $67
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

Description

FOR SALE: 59 Unit Mini-Storage in Coaling, AL offered at a 10% Cap Rate on in-place income. The development has 40 10x10 units, 12 5x10 units, and 7 10x20 units. There are value-add opportunities through lease up and increasing "grandfathered rents that can increase the return to 12%. The property is 1.01+/- acres. P&L and rent-roll will be made available as part of a purchasers due diligence process.

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© 2022 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Advantage Realty Group. Data last updated: 2022-01-21T13:50:28.69.

www.advantagerealtygroup.com/homes/124023486
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0000 Middle Coaling Road COALING, AL 35453

  • Price: $400,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 62 min ago
  • MLS #: 147468
0
Beds
0
Baths
0
½ Baths
1.01
Acres
6,000
SQFT
$67
$/SQFT
Neighborhood:
(10) East Tuscaloosa County
County:
Tuscaloosa
Area:
(10) East Tuscaloosa County
Property Description
FOR SALE: 59 Unit Mini-Storage in Coaling, AL offered at a 10% Cap Rate on in-place income. The development has 40 10x10 units, 12 5x10 units, and 7 10x20 units. There are value-add opportunities through lease up and increasing "grandfathered rents that can increase the return to 12%. The property is 1.01+/- acres. P&L and rent-roll will be made available as part of a purchasers due diligence process.
Exterior Features

Construction Materials Metal Siding Frontage Length 120

Interior Features

Flooring Concrete

Property Features

Lease Considered No Property Sub Type Warehouse Tax Annual Amount 1131

Listing provided courtesy of Steven Deal of Pritchett Moore Real Estate.
© 2022 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Advantage Realty Group. Data last updated: 2022-01-21T13:50:28.69.

 
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The Advantage Realty Group
1641 N. McFarland Blvd, Suite A-1
Tuscaloosa AL, 35406