Photo of Self Storage
Self Storage Details
- Purchase Method: Seller Financing
- Number of Storage Units: 45
- Acreage: 3 acre(s)
- Square Footage: 10,000 sqft
- Occupancy: 90%
- Year Built: 1960
- Cap Rate: 10.0% (Actual)
- Listing ID: 154477
- Posted On: Dec 6, 2013
- Updated On: May 12, 2020
Description
Situated on 5.54 acres and is in close proximity to Hwy 4, Hwy 680, and an adjacent shopping center. In addition to the property itself, the self-storage business included in the sale, boasts multiple streams of income including self-storage units, boat/RV parking, high-tech document storage, rental truck income, product sales, as well as multiple strategic business affiliations.
Amenities
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- Excellent Amenities
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Financial Information (Actual)
| Gross Income: | $1,111,111 |
| Operating Expense: | $22,222 |
| Net Operating Income: | $33,333 |
| Expense Ratio: | 2.0 % |
| Debt Info: | no debt info |