Self Storage Details
- Distressed: This property is in default, REO or in foreclosure.
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Number of Storage Units: 45
- Acreage: 2 acre(s)
- Square Footage: 10,000 sqft
- Occupancy: 90%
- Year Built: 1980
- Cap Rate: 8.5% (Pro Forma)
- Listing ID: 919509
- Posted On: Mar 13, 2020
- Updated On: Mar 14, 2022
Description
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Financial Information (Pro Forma)
| Gross Income: | $100,000 |
| Operating Expense: | $60,000 |
| Net Operating Income: | $40,000 |
| Expense Ratio: | 60.0 % |
| Debt Info: | Massive, soul crushing debt |