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$1,600,000
Est. payment /mo
19,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,800 sqft
Price per Sqft $80
Subdivision Al
MLS Listing ID 380750
Construction Status Resale
Year Built 2020
Lot Size 2.494 Acres
Property Sub-Type Commercial
Property Description
Now with a turnkey manager in place, Signature Properties is pleased to offer a stabilized self-storage investment opportunity built in 2020, located in one of Baldwin County's fastest-growing communities. Pollard Road Storage, located at 26246 Pollard Rd, Daphne, Alabama, consists of 130 rentable units, including 70 climate-controlled units and 60 non-climate-controlled units. The property is professionally managed, providing immediate operational continuity for a new owner. The facility sits on a 2.49-acre site with surplus land available for future expansion. Ownership has completed recent site improvements and ongoing upkeep, reflecting continued investment in the property's condition and operations. With an estimated stabilized annual net operating income of $125,000, the property is being offered at a 7.8% cap rate. Buyer to verify all information during due diligence. Financials and Offering Memorandum available upon request with signed NDA.
Location
State AL
County Baldwin
Area Daphne 1
Zoning Business/Commercial,Within Corp Limits
Interior
Cooling Other
Appliance Electric Water Heater
Exterior
Parking Features Common
Garage No
Building
Lot Description Level, Few Trees
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Construction Status Resale
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Listed by Signature Properties
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