All Season Storage

All Season Storage is a newly converted, fully climate-controlled self-storage facility located in the heart of downtown Mobile, Alabama. The property benefits from a dense, high-barrier urban submarket with limited new supply, strong population density, and proximity to major residential, mixed-use, and commercial development.

The facility is currently operating at 47% physical occupancy and approximately 24% economic occupancy, presenting a clear value-add opportunity through lease-up and rent optimization. In-place rental rates remain materially below market, particularly for elevator-served units, allowing a new owner to grow NOI through disciplined revenue management rather than capital-intensive improvements.