The property includes 27 self-storage units. High occupancy rates and minimal maintenance and management costs make these units excellent investments for passive income.

Self-Storage Units

This self-storage unit facility serves the surrounding communities in Tennessee (Ducktown, Copperhill), Georgia (McCaysville, Mineral Bluff, Blue Ridge), and North Carolina (Ranger, Murphy). The facility provides a clean, safe and secure place for local and seasonal residents to house extra belongings, at reasonable monthly rates. Additionally, a Maintenance Shed and RV Parking Spaces occupy the center of the facility.

Self-Storage Units 1-4

Units 1-4 are on the westernmost side of the property and include two 10' x 20' units, and two 10' x 10' units.

Self-Storage Units 5-12

Units 5-12 include four 5' x 10' units and four 10' x 10' units.

Self-Storage Units 13-16

Units 13-16 include one 12'x24' unit and three 6'x12' units.

Self-Storage Units 13-27

Units 13-27 range from 6'x12' to 12' x 24'.

Tenant Demographics:

Retirees who have downsized from larger homes
Individuals and families who live in small homes and apartments
Residents with second homes in the Ocoee River area, who rent units for years, to house seasonal items such as river kayaks

Maintenance Shed & RV Parking Spaces

A maintenance shed with electrical power panel and water service is in the interior center of storage unit area. Additionally, there are several RV parking spaces in the large grassy area between the units.

Many Sizes...All Full

The property's 27 Self-Storage Units in 6 sizes include 2,640 square feet of storage space. Units are nearly always full, and a waiting list is maintained. All units have fairly equal rental histories, as they appeal to different demographic markets. Small units are generally popular with retirees and single individuals. Medium to large units (90 square feet and larger) are the most requested. While the rental contract is month-to-month, the average renter stays in their unit for over 1.5 years.

Storage Unit Sizes

Total of 2,640 square feet, in 27 units.

Report abuse