Financing Quote                            Self Storage Directory                               Change Your Ad Self Storage Facility For Sale in Salt Lake City, Utah US Storage 1595 South Airport Road Richfield, UT 84701 Price: $650,000 Number of Units: 98 Acres: 2 Square Footage: 19,200 Gross Income: $75,480 Expenses: $18,804 Net Income: $54,128 Cap Rate: 8.3% Occupancy: 90% Marcus & Millichap is pleased to offer U.S. Storage, a 98 unit storage facility located in Richfield, Utah. With 98 units and a current 5% vacancy, U.S. Storage is offered at $38.00 per foot, giving an investor some real added value opportunity. The average sold price per square foot is between $45.00 - $60.00. Currently, the rents are about 5- 10% below market average and when raised, can significantly increase the value of the subject property. Richfield Utah is also going to increase in population and more investors will come in and help circulate their economy. With a major Power Plant coming in, as well as Oil strikers, Richfield has no where to go but up. When added together, U.S. Storage will be a great opportunity for an investor to own a great cinder blocked facility which possesses a longer economic life, raise the rents and add value, and then increased even more because of the growing economy. Contact: Jason Smith 50 West Broadway, Suite 100 Salt Lake City, UT 84101 Phone:(801)736-2629 Fax:(801)736-2610 www.marcusmillichap.com For More Information On This Property, Please Call The Phone # Above or Submit The Form Below To Send An Email. Name*   Email*   Phone Number Type your message here Security Field: MUST ENTER the following word into the box below selfstorage   Filling out this form for any reason other than a genuine interest in getting more information about this offering is strictly prohibited.  Please contact the broker or seller only if you have interest in the property.  Any violations of this policy will result in losing all privileges on this website and may result in prosecution. Last Updated: January 21, 2010