- For Sale $16,180,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 133,600 SF
- Lot Size 16.72 SF
- Building Class B
- Date Updated May 31, 2026
Description
Colliers is pleased to present, exclusively to qualified investors, the opportunity to acquire a market-dominating self-storage portfolio in Athens, Tennessee. Assured Storage of Athens comprises a primary facility at 511 Old Riceville Rd and four satellite locations, totaling 1,093 units and 133,600 SF. The satellite facilities are remotely managed from the Old Riceville property, with the five locations currently maintaining a blended physical occupancy of 70.6%.
Offered at $16,180,000, Assured Storage is priced at a stabilized 7.75% cap rate and $121.11 per square foot. This portfolio presents a unique opportunity for immediate market dominance with multiple avenues for future expansion. Investor returns can be further enhanced through a more aggressive revenue management strategy, ensuring these locations remain the premier storage provider in Athens for years to come.
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