Listing Summary
SVN is pleased to exclusively present the acquisition of EZ Lock Storage, a premier industrial and commercial self-storage asset located in the economically vibrant, expanding market of Hattiesburg, Mississippi.
Full Description
EZ Lock Self-Storage Facility For Sale | Hattiesburg, MS Industrial Property
Investment Overview: Turnkey Value-Add Storage Asset in a High-Growth Mississippi MSA
SVN is pleased to exclusively present the acquisition of EZ Lock Storage, a premier industrial and commercial self-storage asset located in the economically vibrant, expanding market of Hattiesburg, Mississippi. Offered at a highly competitive valuation of $700,000, this well-positioned facility features a gross building size of 21,115 SF situated on a spacious, highly functional 2.46-acre lot.
Comprising 130 traditional drive-up storage units, the facility represents a stabilized baseline of cash flow with immediate structural upside. Having recently undergone extensive capital expenditures, this commercial real estate asset offers an exceptional value-add opportunity for an investor looking to capture aggressive revenue growth through strategic rate optimization, with none of the typical immediate deferred maintenance expenses.
Key Property Features & Major Capital Improvements
This asset is perfectly positioned for streamlined, low-overhead operations, combining clean physical infrastructure with modern, automated technology:
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Significant Completed CapEx: The property features a wave of recent property-wide upgrades, including brand-new roofs across the buildings and fresh exterior paint, radically improving curb appeal and protecting the structures for decades to come.
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On-Site Commercial Footprint: The asset includes a exceptionally large on-site management office, perfect for customer service onboarding, moving supply sales, or conversion into secondary rental space.
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Turnkey Remote Management System: Fully operational under a hands-off remote management infrastructure, the facility is completely integrated with StorEdge, the leading cloud-based self-storage software platform. This allows for automated contactless billing, real-time inventory tracking, and seamless online tenant leasing to maximize Net Operating Income (NOI).
Unrivaled Location Efficiency & High-Density Student Catchment Area
Location and tenant proximity dictate self-storage absorption, and EZ Lock Storage boasts an incredible, high-converting retail location. Situated just off major transit vein Route 49, at the highly visible intersection of Edwards Street and Barkley Street, the property sits in a dense educational and residential corridor.
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University & Academic Frontage: Located within immediate walking distance of William Carey University and the local Middle School, and just a short distance from the local Pearl River Community College campus and the University of Southern Mississippi. This close proximity creates a massive, recurring seasonal demand for student and faculty storage transitions.
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Built-In Apartment Demand: The facility is directly bordered by multiple large multi-family apartment complexes. Because renters inherently face strict square-footage constraints, this dense residential footprint guarantees a constant pool of high-intent, long-term local storage tenants.
Strategic Location in the Hattiesburg "Hub City" Economy
Hattiesburg, Mississippi, known affectionately as the "Hub City," serves as a booming economic, cultural, and healthcare anchor for the southern region of the state.
Resilient Macroeconomics: The facility benefits from a thriving regional market, with a population surpassing 85,000 residents within the Hattiesburg MSA. The local economy boasts strong, diversified indicators, including steady job growth increasing by 2% to 3% annually and a highly resilient retail and manufacturing sector.
This business-friendly ecosystem, paired with a continuous influx of new residents, students, and businesses, ensures a robust, inflation-resistant submarket that will support long-term asset appreciation and stable pricing power for the landlord.
Quick Glance
- Listing ID:
CL-Mississippi-27817
- Status:
Active
- Year Build:
1974
- Building Size:
21,115 SqFt
- Lot Size:
2 Acr