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5170 Hanson Rd., & 415 Whittington Dr., Madisonville, KY 42431

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For Sale

$450,000

4.3 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 4.3 acres
    Lot size

Explore this Property

THIS IS AN AUCTION. ADVERTISED PRICE FOR MARKETING PURPOSES ONLY. Storage Portfolio AUCTION Simpli Stored Self-Storage Madisonville, KY 5170 Hanson Rd., & 415 Whittington Dr., Madisonville, KY Saturday October 18th at 10:00AM Live on-site with online simulcast bidding available Auction Location: 5170 Hanson Rd., Madisonville, KY Real Estate Auction Fully "Turn-Key" opportunity Two Facilities in Prime Locations Facilities recently received over $100,000.00 in Improvements Fully Automated with all Management Systems, Software, and Staff in place Property #1: 5170 Hanson Rd., Madisonville, KY 42431 3.7+/- Acres 5 Buildings Fully Fenced and Gated Property 20,000+/- sq ft 117 Units (15) 5X10 (10) 10X10 (8) 10X15 (75) 10X20 (1) 10X20 Office (8) 10X25 (16) 15X80 Parking Room to Double Facility Size Market Rent: $10,575 Monthly Property #2: 415 Whittington Dr., Madisonville, KY 42431 .6+/ Acres 4 Buildings 13,000+/- sq ft 84 Units (26) 5X10 (1) 10X10 (1) 10X15 (54) 10X20 (1) 10X25 (1) 20X20 Market Rent: $6,020 Monthly (This facility is at the intersection of Whittington Dr. and Mill Creek Loop. Maps app will pin this property if searched as: 505 Whittington Dr., Madisonville, KY 42413) Facilities received over $100,000.00 in Renovations and Improvements in 2025 Steel and Standing Concrete Framed Buildings Low-Maintenance Metal Roofs 415 Whittington Dr., Madisonville, KY 42431 Grounds and Drives Meticulously Manicured Automation and Security Upgraded Facility Wide 5" Ballard Post and Sleeves Installed on ALL Buildings 24/7 AI HD Surveillance LED Overnight Lighting Multiple Roll-Up Doors Repaired/Replaced including (26) NEW 5X10 Doors Elastomeric Roof Coating applied to 3 of 4 Buildings Fully Automated with "Storable Easy", "DaVinci Lock", and Rental Website. 5170 Hanson Rd., Madisonville, KY 42431 Grounds and Drives Meticulously Manicured Automation and Security Upgraded Facility Wide Keyless entry with NEW LiftMaster Commercial Gate Opener & Storable/PDK Gate Access 5" Ballard Post and Sleeves Installed on ALL Buildings 24/7 AI HD surveillance LED Overnight Lighting Multiple Roll-Up Doors Repaired/Replaced Fully Automated with "Storable Easy", "DaVinci Lock", and Rental Website. Simpli Stored acquired, renovated, and automated these facilities with intention to expand their brand into the Western Kentucky Storage Market; this Madisonville, KY Self-Storage portfolio has been professionally positioned for remote management with industry leading automations, systems, and processes in place with trained local service providers willing to continue running the day-to-day operations for New or Experienced Investors. With all automations in place and having received over $100,000.00 in recent improvements, this turn-key portfolio is positioned for cash-flow and an easy transition to New Ownership as Simpli Stored refocuses their efforts into their primary market in Eastern Kentucky, having left significant upside for New Ownership by implementing a simple Value Add strategy in lease-up. *Facilities will need to be rebranded/renamed, as the "Simpli Stored" brand name will not be conveyed with the sale, however existing Google Profiles with 5 Star Reviews will be assumable; existing Ownership is willing to assist with rebranding if needed. * *Local Service Providers are trained, in-place, on site daily, and willing to continue servicing these Properties for local or absentee ownership, making for a smooth transition into remote management and cash-flow through passive income. *
MLS# 11576931

Courtesy Of ATLAS Real Estate & Auction Services

(270) 839-3136

Property Features

  • Architecture Style
    Other
  • Lot Size
    4.3 Acres

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(859) 624-5488
Learn More About Us

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