Matthews Logo

Navigation Menu

1315 24th Street & 6001 MS-48, McComb, MS, 39648

McComb Storage Portfolio

$2,600,000

Key Information

Cap Rate
6.65%
Tot. SF
51,350
Lot Size
4.95 Acres
Units
465
Type
Self Storage
Occupancy
90%
NOI
$172,513

Highlights

• Two facilities located 2.36 miles apart, totaling 51,350 NRSF
• 90% physical occupancy across the portfolio
• Offered below replacement cost at $50.63 per rentable square foot
• Mom-and-pop operated with limited marketing and management despite strong physical occupancy
• Approximately one acre available for future expansion at Park Side Storage
• Storage Solutions of McComb benefits from its proximity to three modern apartment communities and The Claiborne, an upscale retirement community along Highway 98
• Park Side Storage is located minutes from Pinehurst, one of the submarket’s premier upscale residential neighborhoods

Photos

Location

Agents

Broker of Record

Phillip Carpenter

License # 8906, C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211