Self Storage Facility Nashville Metro Value Add Court Auction

[Ethan Massa]

Absolute Online Auction by order of The Davidson County Chancery court. Robert Waldschmidt Receiver. On September 6, 2017, at 10am cst Massa Estate Group will conduct an online auction of 4 contiguous parcels of commercial property currently functioning as an operational self-storage facility. Property sits on approximately 1.26 acres and consists of 3 buildings, 11,000 sq ft mini storage facility, 1700 sq ft. office/ workshop, and 1700 sq ft storage building. 70% of the property is currently fenced.

Online registration now open at www.massaestategroup.hibid.com

• Great Value Add opportunity (Facility has not been actively run for 2 years)
• Nashville Metro Area growing exponentially
• Within one block of bustling Gallatin Rd corridor
• 15% down, 30-day closing, 10% Buyers Premium
• 1700 sq ft building has heated workshop and cooled office.
• Room to grow on tract with salvageable building to add 90+ more units.
• Electronically controlled access to the facility
• 75% of facility has HVAC
• www.massaestategroup.com to bid
• Parcel 1- 101 Woodruff St., Madison, TN 37115 Parcel 042-16-0-190.00- vacant tract .06 ac
• Parcel 2- 109 Woodruff St., Madison, TN 37115 Parcel 042-16-0-243.00 1680 sq ft warehouse built in 1987 on .5 ac lot
• Parcel 3- 115 Woodruff St., Madison, TN 37115 Parcel 042-16-0-187.00- 11,000 sq ft mini storage facility on .34 ac lot, 87 total units, 85 rentable. Built in 1996. 8,675 sq ft rentable space, 6,725 sq ft climate controlled
• Parcel 4- 201 Woodruff St., Madison, TN 37115 Parcel 042-16-0-185.00- .34 ac with 1930’s 1700 sq ft warehouse, former telephone switchboard.
• All properties to be sold as one