Self Storage for Sale
7587 E 224 HWY
Wellington, MO 64097

Price: $299,000

45 Units plus 5/6 bedrooms house
10,000 sq ft + house
7 Acres

Gross Income: $47,160
Expenses: $4,920
Net Income: $42,240
Cap Rate: 13
Occupancy: 100% with a waiting list

45 units storage facility with a 5/6 bedrooms house on 7 acres for sale. Owner is moving, so very motivated seller. Option to add another 100+ units without any land development. 100% occupancy with a waiting list makes this property a very lucrative investment property!!!

18 - 10X21

11 - 10X12

4 - 8X10

5 - 10X15

1 - 8X12

1 - 30X40

4 - 8X15

1 - 30X60

45 Total

 

+ 5/6 bedroom house with $1200/month income. Total RSF = almost 10,000 + 5/6 bedroom house ·Room to expand

Expenses per month:

Utilities = 100

Taxes = 150

Insurance = 160

Total = $410 2007

 

Financial:

Rental Income = $3930/month

Gross Yearly income = $47,160

NOI = $3520/month

Yearly NOI = 3520 X 12 = $42,240

10 minute to historic river town and 25 minutes to Kansas City and two hours from the Lakes of the Missouri. If you are looking for a great place to live, raise a family or retire with an easy business income, you just found it. Possible owner financing with 50% down.!!!

email Randy Rahman or call 816-934-8558