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222 AL-36
Hartselle, AL 35640
Storage Units 222 Hwy 36, Hartselle Al 35640 · Specialty Property For Sale
·
6,475 SF
Investment Highlights
- 54 total self-storage units encompassing a mix of sizes suited for various storage needs
- Simple expense structure with no utilities and third-party management in place
- Significant opportunity to enhance revenue through lease-up strategies and value-add improvements
- Current gross annual income of approximately $32,900, supported by strong net margins
- Includes digital domain presence and call management services for streamlined operations
Executive Summary
This income-producing self-storage facility features 54 units in a variety of sizes tailored to diverse tenant needs, ranging from compact 5' x 5' lockers to a spacious 25' x 40' bay. The current gross annual income stands at approximately $32,900, generating a monthly income of $2,740, supported by minimal overhead. Operating expenses include third-party management services and domain costs, with no utilities required, leading to a strong Net Operating Income of $29,880 annually.
Property Facts
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.03% | Lot Size | 2.00 AC |
| Sale Condition | Business Value Included | Building Size | 6,475 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1969 |
| Sale Type | Investment |
| Cap Rate | 7.03% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 6,475 SF |
| No. Stories | 1 |
| Year Built | 1969 |
About 222 AL-36 , HARTSELLE, AL 35640
The property consists of 54 self-storage units with sizes ranging from 5’ x 5’ to 25’ x 40’. Current gross annual income is approximately $32,900 with monthly income reported as $2,740. Operating expenses include storage software management and call management services, with no utilities reported. The Net Operating Income is documented at $29,880 annually.
Property Taxes
| Parcel Number | 15-02-10-4-010-017.000 | Improvements Assessment | $41,007 CAD |
| Land Assessment | $3,607 CAD | Total Assessment | $44,613 CAD |
Property Taxes
Parcel Number
15-02-10-4-010-017.000
Land Assessment
$3,607 CAD
Improvements Assessment
$41,007 CAD
Total Assessment
$44,613 CAD
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