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STOR - UR - STUFF STORAGE |
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Updated: 8/3/07 |
* P E R F O R M A * |
Kathleen Dearinger |
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Asking: $1,195,000 |
UNIT MIX & INCOME POTENTIAL |
Ph. 805-461-5338 |
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Fax-805-461-1417 |
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S T O R A G E U N I T S |
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Rentable |
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Annual |
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Description |
SqFt. |
#Units |
SqFt. |
Mo Rate |
Mo Income |
Price SF |
Income |
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10x15 |
150 |
4 |
600 |
70.00
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280 |
0.47 |
3360 |
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10x20 |
200 |
10 |
2000 |
85.00
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850 |
0.43 |
10200 |
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11x25 |
275 |
10 |
2750 |
140.00
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1400 |
0.51 |
16800 |
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5x10 |
50 |
69 |
3450 |
42.00
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2898 |
0.84 |
34776 |
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10x24 |
240 |
5 |
1200 |
95.00
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475 |
0.40 |
5700 |
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5x12 |
60 |
20 |
1200 |
45.00
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900 |
0.75 |
10800 |
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5x10-Weekly rental |
0 |
N/A |
N/A |
18.50
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N/A |
N/A |
N/a |
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10x10 |
100 |
10 |
1000 |
50.00
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500 |
0.50 |
6000 |
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8x14 |
112 |
1 |
112 |
56.00
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56 |
0.50 |
672 |
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8x20 |
160 |
7 |
1120 |
78.00
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546 |
0.49 |
6552 |
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8x40 |
320 |
4 |
1280 |
140.00
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560 |
0.44 |
6720 |
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8x5 |
40 |
2 |
80 |
25.00
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50 |
0.63 |
600 |
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Lockers |
15.58 |
36 |
N/A |
0.00
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360 |
0.00 |
12960 |
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Total |
1707 |
178 |
14792 |
N/A |
$8,875.00
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0.49 |
$115,140.00
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There are a few units in backyard
used previously for Hay |
(average Price SF$) |
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A D D I T I O N A L S T O R A G
E I N C O M E: |
M O N T H L Y |
Avg Mo |
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Description |
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LOW |
High |
Income |
Yearly |
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Merchandise Sales: (boxes, locks,
moving supplies) |
166 |
500 |
333 |
3996 |
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*Security Deposits (based on
history) |
483 |
666 |
574.5 |
6894 |
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Admin Fees / Late / Letter/ Lien
Fees |
135 |
250 |
192.5 |
2310 |
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Auction Income/Oth Merch/Units |
416 |
1250 |
833 |
9996 |
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TOTALADDITIONAL STORAGE INCOME: |
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1200 |
2666 |
1933 |
$ 23,196.00
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* - retained security deposits (cust
move - no notice). Customers must
give 30 day written notice |
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R V / V E H I C L E P A R K I N
G: |
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Rentable |
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Annual |
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Description |
SqFt. |
#RV/auto |
SqFt. |
Mo Rate |
Mo Income |
Price SF |
Income |
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Additional Income: (CAN ADD) |
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RV Park |
75 |
10 |
150 |
75.00
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750 |
1.00 |
9000 |
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Auto Park |
50 |
10 |
100 |
45.00
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450 |
0.90 |
5400 |
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Boat |
75 |
2 |
150 |
50.00
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100 |
0.67 |
1200 |
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TOTAL RV/AUTO |
125 |
20 |
250 |
120.00
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1,200.00
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0.86 |
$ 14,400.00
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*We currently have a few RV's but
more could be added in back, down
second isle & front. Owner had
horses in this area. |
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- M O N T H L Y - |
YEARLY |
YEARLY |
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H O U S E R E N T A L I N C O
M E: |
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SF |
LOW |
HIGH |
LOW |
HIGH |
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House (Owner occupied until late
2006) |
1882 |
1100.00
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1500 |
13200 |
18000 |
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Studio currently rents for
375-450/week. 255/weekends. |
720 |
700.00
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1800 |
8400 |
21600 |
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1 Bedroom Apartment-Manager using |
850 |
0.00
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650 |
0 |
7800 |
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Vacancy rate @ |
-10% |
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(180.00) |
(395.00) |
(2,160.00) |
(4,740.00) |
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TOTAL HOUSE RENTAL INCOME |
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3452 |
1,620.00
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3,555.00
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19,440.00
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42,660.00
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Studio currently rents for
375-450/week. 255/weekends. Discount
to customers. Past monthly rented
for 700.00/mo |
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(Actual X Mo) |
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A D D - O N S: (previous owners
operated) |
YRS/MOS |
- M O N T H L Y - |
Avg.ACTUAL |
AVG/9 mos |
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Previous Income Generated |
IN BUSINESS |
LOW |
HIGH |
MONTHLY |
Yearly (comm) |
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U-haul NET INC (commission) prior
owner |
6.5 YRS |
1500 |
3000 |
2250 |
20250 |
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U-Haul Service contract (Repairs &
Service) |
6 MOS |
1000 |
5000 |
1000 |
9000 |
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*Cargo Container Sales/PUDS (sold
2-5 mo.) |
4 mos |
800 |
6500 |
3650 |
TBD |
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Relocation /Packing Services @20/hr |
occassional |
TBD |
TBD |
Varied |
TBD |
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Package Acceptance Serv-5.00 box |
occassional |
TBD |
TBD |
Varied |
TBD |
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ADDITIONAL ADD ON INCOME |
3300 |
14500 |
6900 |
29,250.00
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NOTES - ADDITIONAL INCOME/ADD-ONS: |
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All of the Services listed above
have been operated by previous
owners. The ONLY Income listed are
those with a strong income
history. |
Established income (U-Haul) with
strong history is isted only. |
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These services are not currently
being offered at this time due to
current owner being ill. We still
receive A LOT of U-Haul & container
calls |
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CONTAINER / PUDS NOTES: |
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PUDS would be fabulous for my
property!! Sales & Leasing would be
successful due to freeway frontage.
Contact Seller for contacts |
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PUD INVESTMENT SUMMARY: Portable
Units / Qty 80@55/EA=4400/MO. These
can be stacked 3 high & stored on
property. |
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U-Haul & Cargo container sales is
seasonal. Approx 9 months year.
Gross income OVER 100k/yr.
Commission |
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Lot next door is IDEAL for U-Haul
operation, service repairs,
container sales/leasing STRONG NEED
for all services in Siskiyou Co. |
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*Cargo Container Sales generated
18,000 Gross during 5 month period=avg
@3600/mo. Lots of calls for
containers (buy & Lease)!!! |
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$$ ** I N V E S T M E N
T S U M M A R Y ** $$ |
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Self Storage: |
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115,140.00
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NOTE: |
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Vacancy Rate
(standard) |
-10% |
(11,514.00) |
U-Haul business was successfully
operated for 6 |
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Admin Fees/Merch Sales/Ret.Sec Dep |
23,196.00
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years by previous owner & for a
short time by |
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RV/Auto/Boat Parking: |
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14,400.00
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current owner. Operation was VERY
busy & |
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*House Rental Income (Monthly) |
19,440.00
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should do very well. Calls still
come in for rentals |
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CURRENT PROFORMA GROSS |
160,662.00
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ZERO Startup Costs!!: Approximately
2-4 weeks |
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* Based on "monthly" house rental
income. Does not include any weekly
housing rentals |
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NOTE: The hacienda cannot be a
"legal" Vacation rental, however,
the house can be if permitted |
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the income would range between
800-1100/wk. Seasonally Summer &
Winter are high seasons. |
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for vacation rental housing
comparables visit: www.vrbo.com (our
listing #98814) |
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ADD ONS: |
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OPTIONAL: |
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U-Haul Truck Rentals (seasonal): |
20,250.00
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Turn this operation into a CASH COW
!!!! |
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U-Haul Service Calls
(seasonal):75/hr |
9,000.00
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Lot next door is for sale for $385k.
This 1.65 AC |
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U-Haul Supplies )Boxes/packing) 50%
comm. TBD |
lot has a 6,200 sq.ft. heated shop
that can be |
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Cargo Container Sales/Leasing (est): |
12,000.00
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used for 2 businesses, more storage,
temperature, |
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Package Acceptance @5.00/box: |
1,000.00
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controlled units. Can expand the
mini storage & |
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Relocation /Packing Services @20/hr |
4,800.00
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SPLIT OFF NICE Home at Stor UR Stuff
Storage: |
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Mailboxes / Shipping / Fax / Copy
Services |
TBD |
1882sf A Frame 3br, 2ba + Studio (in
law quarters), |
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PUDS: 80 @ 55/mo=4400 x 12 |
26,400.00
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value if sold seperately=$400-450k.
This lot is |
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CAN ADD-conservative start up figure |
73,450.00
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ideal for U-Haul, Cargo Container &
PUD sales & |
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Storage & Rental Income: |
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160,662.00
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leasing, Auto repair shop (U-Haul
repairs). |
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Can Adds: Additional Income Pot. |
73,450.00
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Use cash from house to build & |
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Total Potential Income: |
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234,112.00
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E X P A N D !! |
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