2440 Central Plank Rd Immeuble | 1 417 m² | Spécialité | À vendre 483 307 € | Taux de capitalisation 6,54 % | Wetumpka, AL 36092

60-Unit Self Storage Facility | Value-Add Opportunity | Wetumpka, AL Rare opportunity to acquire a 60-unit self storage facility with additional warehouse space and significant upside potential in the Wetumpka / Montgomery market. The property is currently operating at approximately 75% occupancy with below-market rents across multiple unit sizes, creating a clear path for a new owner to increase revenue and overall asset value through standard operational improvements. The facility includes: 60 total storage units 20 units – 12x30 30 units – 12x20 10 units – 10x10 Additional 28’ x 44’ warehouse building Expansion potential for an additional 8–10 units Current ownership has maintained affordable rents, leaving substantial upside for a buyer to bring rates closer to market over time. Larger units in particular appear significantly under market compared to comparable facilities in the surrounding area. Projected upside opportunities include: Increasing rents toward market rates Improving occupancy from ~75% to 90–95% Leasing the warehouse building ($600–$700/month estimated) Adding ancillary income through lock and moving supply sales Constructing additional storage units At the current operating level, the property produces an estimated cap rate of approximately 6%+. With stabilization and market-rate rents, the property has the potential to achieve a 10%+ cap rate and support substantially higher long-term value. This is an ideal opportunity for: Existing storage operators Value-add investors Passive income buyers Small commercial portfolio expansion Call Matt at 334-538-2397 for additional information.