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South Vicksburg
South Vicksburg
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$729,000

South Vicksburg

Description

Strong Cash Flow Potential
  • 13,669 NRSF / 109 Non Climate Controlled Units / One Manufactured Home
  • Hullum Rd location is fenced and gated with security cameras / Fisher Ferry Rd location has security cameras
  • Excellent Boots on the Ground / Utilizes a Call Center
  • Occupancy at Hullum Rd location was 27% in 2023 / Occupancy is now 68% and climbing / Two assets combined physical occupancy is 79%
  • Ability to achieve a stabilized 10.40% cap rate and 17.27% cash on cash return
Perfect Location for a Growing Business
  • Strategic Location: Located at 1055 Fisher Ferry Road, Vicksburg, MS 39180, the facility is easily accessible via major routes such as I-20 and Highway 61, ensuring high visibility and convenience for customers traveling from nearby areas.
  • Growing Community: Vicksburg boasts a population of over 22,000 residents, with ongoing developments in the area, leading to an increasing demand for self-storage solutions as families and businesses expand.
  • Proximity to Key Amenities: The facility is conveniently located near popular local businesses, including Walmart and Lowe's, as well as residential neighborhoods and schools, making it a go-to option for both local residents and business owners.
  • High Traffic Area: Situated on Fisher Ferry Road, a busy thoroughfare that connects to main arteries, the location benefits from substantial daily traffic, providing excellent exposure and potential customer footfall.

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Location

1055 Fisher Ferry Road & 89 Hullum Road, Vicksburg, MS 39180

Status

For Sale

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Matt Porter

Matt Porter

TITLE

Self Storage Investment Broker

LICENSE

MS: B-23509 | TN: 350739

Property Amenities

Area & Lot
Type Other
Status For Sale
Finance
Sales Price $729,000
South Vicksburg
"Hullum Rd location is fenced and gated with security cameras / Fisher Ferry Rd location has security cameras."

— Michael Morrison

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Schedule a Showing

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Thank you for your interest in 1055 Fisher Ferry Road & 89 Hullum Road, Vicksburg, MS 39180. We are reviewing your request and will be in touch shortly!

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