46 BURNS LANE Harpersville, AL 35078

Harpersville Storage Facility has great visibility from Hwy 280. It has 17,000+ ADT (ave.daily traffic count). It has two buildings, 2,400 sf of unit space each with a total of 34 units. It is in a growing area of Harpersville, Alabama. There are 2 home developments w/278 homes within 1 mile radius & more to come. This growing corridor provides a great clientele. Our low-price strategy has increased occupancy from 22% to 70% within a year's time. There is room for price increases to meet the market rates & can be done in short order. At an occupancy rate of 85%, it yields $22,937 of net income annually. Here is a great chance to own a great income producing property at a 7% cap rate. Storage unit facilities are a hot market sector of income producing properties due to their low-cost tenant turnaround. This investment sector has lots of upside growth & will be a great investment either to grow your portfolio of income producing properties or to get into the great space of storage units.