Profitable Multi-Site Self Storage Portfolio For Sale - Business for Sale

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Multi-Site Self Storage Portfolio in East Tennessee

TN, US
Added 9 days ago
Self Storage Portfolio

A portfolio of eight self storage facilities totaling 110,138 rentable square feet across 709 units in East Tennessee markets anchored by Knoxville.

Key Information

Asking

$11.2M

Revenue

–

Earnings

$796K

Multiple

14.1x

Key Highlights

  • Portfolio consists of 8 self storage properties
  • Total rentable square footage is 110,138 across 709 units
  • Current occupancy rate is 85.7%
  • Portfolio is located in East Tennessee, including Seymour, Sevierville, Morristown, Harriman, and Maryville
  • Portfolio cap rate is 7.1% (with pro-forma upside to 7.89%)

Contact Info

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