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Monnie Jones Self Storage

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Monnie Jones Self Storage

Self Storage for Sale in Weaverville, North Carolina

15 Monnie Jones Road
Weaverville, NC 28787

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Self Storage for Sale

Number of Storage Units: 40
Acreage: 1.3 acre(s)
Occupancy: 90 %
Purchase Method: Cash, New Loan
Status: Active
Property ID: 363203
Posted on: Feb 19, 2013
Updated on: Oct 14, 2013

Property Description

Excellent cash flow opportunity! 10.5% cap rate - 40-unit self-storage with 8 5x10, 20 10x10, and 12 10x15 units. Business averages 90% occupancy. Property also includes a duplex with 2 1-bedroom units, low maintenance building in very good condition with solid rental history at $930 month (total). Duplex is currently rented long-term but could be used as an owner/manager apartment or business office.

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