South Vicksburg
 
1055 Fisher Ferry Rd & 89 Hullum Rd, Vicksburg, MS 39180
$729,000
Price
7.71%
Cap Rate
$6,627
Price Per Unit
110
Number of Units
13,668
Rentable Square Feet
$53
Price PSF

Strong Cash Flow Potential
  • 13,669 NRSF / 109 Non Climate Controlled Units / One Manufactured Home
  • Hullum Rd location is fenced and gated with security cameras / Fisher Ferry Rd location has security cameras
  • Excellent Boots on the Ground / Utilizes a Call Center
  • Occupancy at Hullum Rd location was 27% in 2023 / Occupancy is now 68% and climbing / Two assets combined physical occupancy is 79%
  • Ability to achieve a stabilized 10.17% cap rate and 17.49% cash on cash return
Perfect Location for a Growing Business
  • Strategic Location: Located at 1055 Fisher Ferry Road, Vicksburg, MS 39180, the facility is easily accessible via major routes such as I-20 and Highway 61, ensuring high visibility and convenience for customers traveling from nearby areas.
  • Growing Community: Vicksburg boasts a population of over 22,000 residents, with ongoing developments in the area, leading to an increasing demand for self-storage solutions as families and businesses expand.
  • Proximity to Key Amenities: The facility is conveniently located near popular local businesses, including Walmart and Lowe's, as well as residential neighborhoods and schools, making it a go-to option for both local residents and business owners.
  • High Traffic Area: Situated on Fisher Ferry Road, a busy thoroughfare that connects to main arteries, the location benefits from substantial daily traffic, providing excellent exposure and potential customer footfall.
FOR MORE DETAILS CONTACT
Michael Morrison
Broker-In-Charge
(803) 600-0602
Michael@SuperiorCapitalAdvisors.com
SC:58247,NC:360061,GA:283465,MS:C-24484
Matt Porter
Managing Broker
(601) 214-8146
mporter@superiorcapitaladvisors.com
B-23509