721 Mathis Mill Road, Albertville, AL 35951
721 Mathis Mill Road, Albertville, AL 35951
721 Mathis Mill Road, Albertville, AL 35951
721 Mathis Mill Road, Albertville, AL 35951
721 Mathis Mill Road, Albertville, AL 35951
721 Mathis Mill Road, Albertville, AL 35951
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$ 675,000
Est. payment | /mo

2.55 Acres Lot


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$ 675,000
Est. payment | /mo
Save

2.55 Acres Lot

Key Details

Property Type Commercial

Sub Type COMMERCIAL

Listing Status Active

Purchase Type For Sale

Subdivision Metes And Bounds

MLS Listing ID 21933793

HOA Y/N No

Lot Size 2.550 Acres

Acres 2.55

Property Sub-Type COMMERCIAL

Source Valley MLS

Property Description

**INVESTMENT OPPORTUNITY | 9.35% CAP RATE!** Situated on 2.55 acres, this income-producing property features 59 storage units (45 climate-controlled and 14 non-climate-controlled) plus 5 mobile homes! Currently 73% occupied with an annual NOI of $63,097 and additional upside potential. Features include active on-site security, well-maintained units, and 71% of tenants enrolled in online autopay. Conveniently located just minutes from the Sand Mountain Amphitheater.

Location

State AL

County Marshall

Direction From Hwy 431 In Albertville, Turn Onto Mathis Mill Road. Continue Approximately 0.5–1 Mile. Property Will Be Located At 721 Mathis Mill Road (Green Door Self Storage).

Interior

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Exterior Feature Lighting

Roof Type Metal

Present Use Mobile Home Park,Multi-Family,Mini Storage

Building

Lot Description High Visibility

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Tax ID 1902032000002004

Valley MLS / North Alabama MLS
Listed by Re/Max Guntersville
Nearby Locations
Hanna Legacy Group, LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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721 Mathis Mill Road