Self Storage Details

  • Listing ID: 373653
  • Posted On: May 31, 2013
  • Updated On: Jul 5, 2013

Description

REAL ESTATE AUCTION
WEDNESDAY – JUNE 26, 2013 at 10:00 AM
AUCTION LOCATION: Crystal’s Restaurant – 1521 Business Hwy. 54 West – Bowling Green, MO 63334

PROPERTY LOCATION: Westside Apartments & Westside Storage – 17000 Business Hwy. 54 West – Bowling Green, MO

PROPERTY VIEWING
Wednesday – June 19 from 4 PM to 6 PM at the property
Auction personnel will be available to answer your questions about the auction method or real estate.

REAL ESTATE
Commercial real estate consists of 1.83 acres located on the west edge of Bowling Green, MO at 17000 Business Highway 54, with a 9 apartment residential rental unit and a 56 unit storage facility.
The property is known as Westside Apartments and Westside Storage and offers the new owner a great opportunity to invest their money in an ongoing operation that could show a lot better return on investment than current day money market or CD rates.
The storage unit consists of twenty 5’ x 10’ units that rent for $20 a month, thirty 10’ x 12’ units that rent for $40 a month and six 10’ x 24’ units that rent for $60 a month. There are three low maintenance buildings in the complex and all have there own individual roll-up locking doors.
The residential complex consist of eight one-bedroom apartments that rent for $450 per month and a single large unit that rents for $600 per month for a total monthly income of $4,200 per month.

TERMS: 10% Down the day of the auction, balance due and closing in 30 days or less. The 2013 property taxes will be pro-rated to closing date. Seller and buyer to split closing costs 50/50.

SELLER: WESTSIDE APARTMENTS & WESTSIDE STORAGE

For more information call Charlie Nordwald 636-795-4552
WHEELER AUCTIONS & REAL ESTATE
660-327-5890
www.wheelerauctions.com

Interested in purchasing this self storage facility? Get pre-qualified for a loan.
Find a Self Storage Broker