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101 Morgan Ave S
Fayetteville, TN 37334
West College Mini Storage - Owner finance · Specialty Property For Sale · 90,000 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 90,000 SF |
| Property Subtype | Self-Storage | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1920/2005 |
| Lot Size | 1.00 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 90,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2005 |
About 101 Morgan Ave S , Fayetteville, TN 37334
Excellent investment opportunity 203 storage units. 2 of the units are climate control. Has a door you can drive your car or truck in to unload. Building is an old dress making plant that was converted to mini storage. Has a new roof in 2003. Property sits on 1 and 3/4 acre. 6 cameras onsite. Owner lives onsite in a 1-2 bedroom apartment beside the office. Building is 90,000 square foot. 1st 2 floors are built out and there is room for 100 more units on the 3rd floor. Owner has a plan to add those at some point. Currently 100% occupied and has a strong rental history. He has owned it 23 years. Grosses around 9,500 a month and electric, water, and gas average around $600 a month. Insurance runs about 5,500 a year. Property does have some absestos being that it is a very old building but owner has taken steps to fix/remedy that. Owner would possibly finance with a good down payment.
PROPERTY TAXES
| Parcel Number | 079F-A-014.00 | Improvements Assessment | $193,881 |
| Land Assessment | $50,620 | Total Assessment | $244,500 |
PROPERTY TAXES
