Photo of Self Storage
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Photo of Self Storage Facility
Self Storage Details
- Purchase Method: Cash, New Loan
- Number of Storage Units: 138
- Acreage: 4 acre(s)
- Square Footage: 18,000 sqft
- Occupancy: 90%
- Year Built: 1989
- Cap Rate: 12.0%
- Listing ID: 301035
- Posted On: Oct 9, 2012
- Updated On: Apr 21, 2014
Description
138 Units with 90% + Occupancy as of Feb 2014. Onsite 3 Bd/2 Bth Home with Stable Management in Place. Excellent Passive investment on a busy Highway. Separate Office area. . Plenty of room to expand. Must see it to believe it. You will enjoy an ROI upwards of 15% Cash on Cash. With very little effort or work.
DO NOT CONTACT THE EMPLOYEE OR THE SITE. E-MAIL ME WITH ANY ?
Amenities
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- Cash Cow Business With Very Little Or No Management. Very Passive Investment.
- 138 Existing Units With 90%+ Occupancy And Ready For Expansion. If You Have Been Looking For A Good Investment, You Found It! You Will Not Be Able To Find One Better Than This. Come And Judge For Your Self.
- Gross Potential $109,000 Per Year.
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Financial Information (Actual)
| Gross Income: | $72 |
| Operating Expense: | $21 |
| Net Operating Income: | $51 |
| Expense Ratio: | 29.2 % |
| Debt Info: | None |