Storage Unit Investment

Phenix City Storage | Phenix City, AL

Sands Investment Group is Pleased to Present Exclusively the 15,000 SF Storage Unit Investment Located at 1715 E 280 Bypass in Phenix City, Alabama. The Facility Was Built in 2004 and Features 138 Non-Climate Units Totalling 15,000 Net Rentable SF. With a Current Physical Occupancy of 79% and a Current Economic Occupancy of 63.62%, This Property Present Significant Upside Through Driving Occupancy, Streamlining Expenses and Implementing Tenant Insurance. Additionally, There is a Kiosk in Place For a Remote Owner/Operator.

  • Value-Add Self-Storage Opportunity to Lease Up and Grow Revenue
  • Opportunity to Raise Existing Below-Market Rents to Increase Revenue
  • Opportunity to Increase Revenue By Implementing Merchandise Sales, Admin/Late Fees and Tenant Insurance Policy Sales
  • Kiosk Already in Place For a Remote Owner/Operator
  • Facility is Not Currently Open to Tenants When Facility Manager is Not On-Site (Off Monday and Tuesday) and the Facility Does Not Accept Credit Cards, So There is an Opportunity to Significantly Improve Operations
  • Good Signage Visibility From US-280/431 Which Sees Over 45,500 VPD
  • Five (5) Apartment Complexes Within 1-Mile of Facility
  • Only 3-Miles to Downtown Columbus, GA
  • Healthy Population of 39,956 People Within 3-Miles
  • Close Proximity to Two Different Colleges/Universities
  • Ideally Situated Along Phenix City’s Main Thoroughfare, US-280/431, With Easy Access to I-185
  • Over 60% of Households Within 3-Miles Are Renters

In Cooperation with BoR: Andrew Ackerman Lic. #C0001099750

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