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7302 Rhea County Hwy, Dayton, TN, 37321

Storage Park – Dayton
$1,700,000

Key Information

Cap Rate
7.13%
Tot. SF
12,271
Lot Size
0.42 Acres
Units
106
Year Built
1975/R 2000
Type
Self Storage
Occupancy
94%
NOI
$121,208

Highlights

  • Strong physical occupancy of 94%, and economic occupancy at 89%
  • Split-level facility commanding top of market climate rents
  • Attractive immediate returns with a going-in 7.13% Cap
  • Located only a mile from La-Z-Boy Manufacturing facility in Dayton (1,450+ employees, one of the Southeast’s largest employers)

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 356505, 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203