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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 in Missouri

Self storage

Lakeland Storage LLC
 
 28345 FR 2012
Shell Knob, MO 65747

Price: $399,000.00
Number of Units:
72
Square Footage: 22,680
Acreage: 2.45 acres
Occupancy Percentage: Average 80% last 3 years


 

DANNY R. STREET

P.O. Box 305

Shell Knob, Missouri 65747

Cell 417-343-1747

2-17-2012

Building  A

12-10x10 units @ 35.00 per month = 420.00

12-10x25 units @ 45.00 per month = 540.00

Building B

38-12 x 30 units @ 65.00 per month = 2,470.00

Building C

10-12x40 units @ 85.00 per month = 850.00

Gross revenue per year = 51,360.00

We are 90 percent full at this time 

Building A is 12 years old and has concrete floors and metal partitions between each unit

Build B is 7 years old and has concrete floors and metal partitions between units

Building C is 4 years old and has concrete floors and metal partitions between units.

 The total square footage of the buildings is 22,680 square feet. At a sales price of 399,000.00 this is 17.60 per square foot. Current replacement costs for these buildings in today’s market would be between 25.00 and 30.00 dollars per square foot.

There is room to build 28 more 12x30 or 12x40 units next to building C

The lot is level and is graveled and contains 2.74 acres more or less.

In the last ten years we have only had to have two foreclosure sales because of lack of payment. Most of the units contain boats, jet skis or cars.

Following are the estimated current expenses on the storage units

Taxes-2,689.04

Electricity-720.00

Mowing-1,253.00

Insurance-2,803.00

Maintenance-310.00

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Last Updated: February 20, 2012

 

 

 

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