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Mr. Richard, the self storage unit in Maynardville, TN sold yesterday.
Thank you so much for your wonderful site. It works. It really does. We
had a broker in town work for a year to sale it and not until we listed on this site did we finally get the result we wanted. Thank you very much.

The Zeppelin's

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Self Storage Facility for Sale
Advanced Storage
2502 Spring Ridge, Dr.
Spring Grove, IL 60081
 


Price: $750,000
102 Units
27,100 sq ft
1.98 Acres
Gross Income: $133,605
Expenses: $53,112
Net Income: $80,493
Cap Rate: 9.84
Occupancy: 96%

Marcus & Millichap is pleased to present Spring Grove Storage, in Spring Grove, McHenry County, Illinois. Spring Grove Storage is a 16,500 net-rentable square foot self-storage facility built in 1997. Spring Grove is located 60 miles northwest of Chicago. Currently the property is 96 percent physically and 82 percent economically occupied. Situated on 1.98 acres, the three single-story storage buildings contain a total of 93-units ranging in size from 50 to 300 square feet. Amenities of the property include: computerized entry gate, perimeter fencing, wide driveways, a variety of unit sizes, garage style roll-up doors and an on-site management office. In addition to the 16,500 square feet of self storage, the property also has a 10,600 square foot two-story office / warehouse building. The office / warehouse rent roll is viewable in the property description section. Spring Grove Storage is easily accessible via the signalized intersection at US Route 12 and Spring Grove Road. Adjacent to the property is Advanced Storage, which is also being sold by Marcus & Millichap.

Marcus & Millichap
Sean Delaney
One Mid America Plaza Suite 200
Oakbrook Terrace, IL 60181
Work Phone: 6305702267
Fax: 6305702210
Email: sean.delaney@marcusmillichap.com 

Last Revised: November 4, 2011
 

 

 

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