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Perry Storage for Sale
916 Genoa SW
Massillon, OH 44646
County: Stark
118,000 sq ft
8.00 Acres
Price: $4,950,000
Price Per SF: $41.95
Cap Rate: 9.00%
The self
storage business was started in 1989 and has grown
to become the largest self storage business in the
Canton metropolitan area. The storage buildings
occupy a site of 8.09 acres. There is also a rental
house with an additional storage building on an
adjacent .5 acre. This business is now for sale as
the owners consolidate and simplify their financial
situations as they are well into retirement.
Approximately 902 storage units are available with
the predominate sizes being the popular 5' x10' ,
10' x10' and 10' x20' . There is also outside
storage area which can accommodate over 110 vehicles
and trailers.
The facility enjoys excellent maintenance. For
example, all the shingle roofs were re-shingled in
2005 with premium shingles. The facility is almost
completely paved with no-maintenance concrete drives
and parking pads. The owners are continuing with a
program to pave all outside parking pads.
Financial Data is Proforma
Located on the Massillon city line adjacent to
Canton, this facility draws heavily from the Canton
market. It's located on a busy street (over 9,000
cars a day) and just south of a major shopping
destination (Lincoln Avenue).
Motivated Seller - Very Good
Condition--Split Face Block
Concrete Drives - Great Upside
Largest in Area - High Traffic Count
call George Henshaw at (800)
997-7966
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Comments
Dear
SSBay.com,
I had my listing for a mini storage on your
website and I was honestly impressed by the
number of calls that I got from qualified buyers
that found my listing on your site. You must be
advertising in the right places. I've since sold
my mini storage listing and I'm currently
working a few of these buyers to help them find
other mini storage facilities for sale. Thanks
for your help.
Richard Rasmussen Designated Broker
Sunbelt Business Advisors, LLC.
RICHARD, I
FOUND A WONDERFUL MANAGEMENT TEAM THROUGH YOUR
SITE!! THANK YOU KATHLEEN
Thank you
Richard, I received a call within an hour of my
posting the ad on your site.
Bret daCosta
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