Self Storage Details

  • Listing ID: 300912
  • Posted On: Oct 9, 2012
  • Updated On: May 19, 2016

Description

Payless Self Storage is well-established with 294 indoor units and 55 outdoor spaces for rent. The units are a variety of sizes. Occupying 5.4 acres, there is plenty of room for expansion. The facility is totally fenced. It has 24-hour gate access with security lighting. The complex consists of 14 self-storage buildings with 39,294 square feet of storage and office space. The construction of each building is a one-story, metal building on a concrete slab. Constructed in 1996. Flood zone status is Zone "X" (no hazard). Facility is located in an industrial area, zoned I-1 "General Industrial", across from the Navistar Plant. Good visibility and easy access with high traffic volume. Payless has the best choice of unit sizes and lower rental rates than any other facility in the area. Summit Realty does coop with other real estate brokers. Please call 260-402-4023 for details.

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Financial Information

Gross Income: $172
Operating Expense: $52
Expense Ratio: 30.2 %