390 Forest Circle

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390 Forest Circle

Jonesborough, TN 37659
Asking Price
Contact for price
Asset Type
Self-storage
Class
Class B

What's Special

95% Occupied <ul><li>​Stabilized and Cash Flowing Self Storage Facility Comprised of 57 Drive Up Non-Climate Units Totaling 8,400 Net Rentable Square Feet.</li><li>​Exemplary Occupancy Figures Provide the Opportunity to Increase Revenue Through the Implementation of Existing Customer Rent Increases.</li><li>​Low Saturation Rate for Self Storage Evidenced by 6.3 SF/Capita for Self Storage Within Five Miles of the Property.</li><li>​Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insur

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times