169 Storage Units Winchester, TN
Business Description
This professionally managed self-storage facility represents a premium investment opportunity in Winchester, Tennessee. Located at 912 Dinah Shore Boulevard in Oconee County, the property features 169 storage units across 33,200 square feet on 3.35 acres of strategically positioned real estate along a major thoroughfare.
FACILITY SPECIFICATIONS:
The facility was constructed in 2023 and operates under C-2A zoning designation. The property is situated outside flood zones, providing additional security for investors and tenants. The facility maintains full automation with professional management services, ensuring operational efficiency and consistent service delivery.
UNIT COMPOSITION AND PRICING STRUCTURE:
• 32 units (5x10) at $50 monthly
• 12 units (10x10) at $70 monthly
• 16 units (10x15) at $85 monthly
• 74 units (10x20) at $100 monthly
• 12 units (10x30) at $125 monthly
• 8 units (15x20) at $120 monthly
• 3 units (10x40) at $215 monthly
• 12 boat/RV units (12.5x40) at $120 monthly
FINANCIAL PERFORMANCE:
The facility currently operates at 80% occupancy and generates a 6.96% capitalization rate, with potential for 7.8% at full occupancy. The property was acquired in 2023 for $1,580,000 at zero occupancy, demonstrating successful lease-up performance.
OPERATIONAL EXPENSES:
Annual operating expenses total $74,617, including property taxes ($9,480), insurance ($8,100), automated management systems ($8,256), utilities ($2,478), maintenance ($1,125), marketing ($1,200), landscaping ($2,400), security systems ($1,680), and professional management services ($4,800).
FACILITY SPECIFICATIONS:
The facility was constructed in 2023 and operates under C-2A zoning designation. The property is situated outside flood zones, providing additional security for investors and tenants. The facility maintains full automation with professional management services, ensuring operational efficiency and consistent service delivery.
UNIT COMPOSITION AND PRICING STRUCTURE:
• 32 units (5x10) at $50 monthly
• 12 units (10x10) at $70 monthly
• 16 units (10x15) at $85 monthly
• 74 units (10x20) at $100 monthly
• 12 units (10x30) at $125 monthly
• 8 units (15x20) at $120 monthly
• 3 units (10x40) at $215 monthly
• 12 boat/RV units (12.5x40) at $120 monthly
FINANCIAL PERFORMANCE:
The facility currently operates at 80% occupancy and generates a 6.96% capitalization rate, with potential for 7.8% at full occupancy. The property was acquired in 2023 for $1,580,000 at zero occupancy, demonstrating successful lease-up performance.
OPERATIONAL EXPENSES:
Annual operating expenses total $74,617, including property taxes ($9,480), insurance ($8,100), automated management systems ($8,256), utilities ($2,478), maintenance ($1,125), marketing ($1,200), landscaping ($2,400), security systems ($1,680), and professional management services ($4,800).
About the Business
- Years in Operation
- 3
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 33,200
About the Sale
- Financing Options
- NO SELLER FINANCING
Listing Info
- ID
- 2501903
- Listing Views
Listing ID: 2501903 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.



