1300 Schillinger RdMobile, AL 36695

Exceptional value-add opportunity in Mobile, Alabama's thriving market. This 36,950 square foot self-storage facility boasts 244 units across five buildings. Four buildings offer non-climate-controlled storage, while one provides climate-controlled units, supplemented by convenient outside covered storage. The property enjoys a prime location at 1300 Schillinger Road S, Mobile, AL 36695. Currently operating at 72% occupancy, this asset generates a Net Operating Income (NOI) of $145,000. Significant upside potential exists through a projected 20-25% rent increase and occupancy improvements. Recent capital improvements include new pavement, roll-up doors, a security system, an automated security gate, and a subdivision from the retail frontage. This meticulously maintained facility presents a compelling investment prospect with substantial growth potential. The property is ready for immediate ownership and offers a strong return on investment.