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Address is 2701 E 7th St. Joplin, MO 64801

Tim Bender

Alliance Title Services

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7th St. Storage

Self Storage for Sale in Joplin, Missouri

2701 E 7th St.
Joplin, MO 64801

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Sale Price: $400,000

Contact Information

Tim Bender
Alliance Title Services

Self Storage for Sale

Number of Storage Units: 64
Acreage: 1 acre(s)
Square Footage: 7000 sqft
Occupancy: 93 %
Cap Rate: 8.0%
Purchase Method: Cash
Status: Active
Property ID: 878714
Posted on: Nov 15, 2017
Updated on: Nov 15, 2017
Price: $400,000

Property Description

64 Unit self storage business for sale. 93% occupied after 3 months in business. Cap rate currently at 7%, can go to 10-12% cap rate with rate increases. Great road frontage on 2nd most busy street in city. Area population of over 100,000. Close to college and shopping. All paved and fenced with electronic gate.

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