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Kris Kahabka


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Stor-It Mini Storage - Yerington

Self Storage for Sale in Yerington, Nevada

Yerington, NV 89447
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Sale Price: $775,000

Contact Information

Kris Kahabka

Self Storage for Sale

Number of Storage Units: 138
Acreage: 1 acre(s)
Square Footage: 23800 sqft
Occupancy: 86 %
Purchase Method: Cash, New Loan, Assumable Loan
Status: Active
Property ID: 299738
Posted on: Oct 09, 2012
Updated on: Oct 16, 2015
Price: $775,000

Property Description

Own the only facility in Mason Valley, right next to Yerington Nevada. The nicest facility bar far for miles around! We have 138 units with Highway frontage and many outside storage areas. All paved and fenced. Most tenants are either less than 1 miles from facility or out of the state. Great money maker!

Number of Units: 138 inside units, and numerous outside.
Mason-Yerington Unit Mix
10x20 qty. 96 @ $50/month
10x15 qty. 8 @ $45/month
10x10 qty. 34 @ $40/month
Outside Storage numerous we charge $1.50/ft.
Rentable sq. ft. approx. =/- 23,800 sq.ft. Indoor
Gross Income Approx: $60,000 in 2014 will be much higher in 2015.
Expenses Yearly: $5,200.00 ($4000 taxes , Insurance $1200)
Rents have not been raised in 5+ years! Room for more income!

Occupancy Percentage: CURRENTLY 86%
City: Mason-Yerington Nevadahttp://www.yerington.net/ Yerington Business
info.:
http://www.allbusiness.com/companyindex/Nevada/Yerington/Agriculture/45B637725587FCB90B546688C14F21E3-1.html

Many long term customers, some as long as 15 years!
All metal buildings = no maintenance.
Facility completely paved and concrete.
Gated facility
Local law enforcement patrol
Many customers border facility = extra FREE security!
Rent not raised on current customers in more than 5 years!
Extra property adjacent to facility is available for purchase, could build
manager home on and expand facility!
No on site manager, but one tenant takes care of lock/unlocking, weeds, and
general maintenance in exchange for FREE rent!

Own the only facility in Mason Valley, right next to Yerington Nevada. The
nicest facility buy far for miles around! We have 138 units with Highway
frontage and many outside storage areas. All paved and fenced. Most tenants are either less than 1 miles from facility or out of the state. Great money
maker!

Photos of Facility:http://s943.photobucket.com/albums/ad272/ldflick/Stor%20It%20Mini%20Storage/
These photos are about two years ago, but the facility looks about the same just cleaner!
Video: http://www.youtube.com/watch?v=-4mFDCG-gnA



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