4033 E Morris Blvd Morristown TN 37813

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Listing courtesy of RE/MAX REAL ESTATE TEN
FOR SALE$995,000

Remarks

Fully automated self storage facility located on e morris which is the most traveled road in the area. Great visibility serves as a marketing tool and has kept occupancy in the mid 90% range. The kiosk makes it easy for customers to self pay and new renters simply show up and rent a unit with nothing needed from the owner. Almost half of the current tenants pay by automated bank draft. Property is fenced and has security cameras. $107,520 actual last years income with $32,350 of total expenses net operating income $75,170 and this is not projected numbers, these are actual. The full occupancy puts income at $112,000 all book keeping available and past tax returns so you know exactly what you're getting. 137 units, total 4 buildings and the kiosk.


  • Area: 7-morristown ne
  • Building Exterior: metal
  • City: morristown

General information

  • Associated Document Count: 3
  • Bldg / Ste #1 Building Age: 1990
  • Bldg / Ste #1 Total Sqft: 4650
  • Bldg / Ste #2 Building Age: 1993
  • Bldg / Ste #2 Total Sqft: 3100
  • Bldg / Ste #3 Building Age: 1995
  • Bldg / Ste #3 Total Sqft: 3100
  • Documents On File: floor plan , tax returns , aerial photo , cash flow analysis
  • Internet Available: cable
  • Lot Size: 1 acre
  • Miscellaneous: outside storage
  • Net Operating Income: 75 , 120
  • Parcel: 017.10
  • Property Tax City: 1591.58
  • Property Tax County: 2520.16
  • Road Access: city street
  • Roof: metal
  • Road Frontage: 200
  • Type Of Business: other
  • Vacant : no

    Contact Tony for more information
    Click Here to Text Tony @
    (865) 548-0661


    You can text Tony @ (865) 548-0661