Tennessee Moving & Storage

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Deal Highlights

Tennessee Moving & Storage is a self-storage facility located in the Memphis MSA. Own this self-storage property situated on 3.75 acres of land, with 55,700 net rentable square feet and 374 total units.

  • A strong population of 67,000 in the 3-mile.
  • Visible from I-40 which yields 153,000 VPD.
  • Within Memphis city limits.
  • Increased access due to proximity to I-40.
  • Ability to drastically increase rents to market levels.
  • Ability to increase ancillary income.
  • The full facility at 94% physical occupancy.
  • Possesses tenants who have been at the facility for many years and under the market in achieved rates.
  • Set up merchandise income for additional revenue.
  • Set up tenant insurance programs.

Address

5724 Shelby Oak Drive, Memphis, TN 38134

Price

TBD by Market

Pro Forma NOI

$239,013

Net Rentable Square Feet
55,700 NRSF
Lot Size

3.75

Unit Count
374
Year Built
1986
Status

Active

Location

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