Listed by Exit Realty
$999,997
1410 N 1st Street
Details
APN 13146724102050000
Property Type Industrial
Sub Type Warehouse, Industrial
Square Footage 35,736
Cap Rate 7.50%
NOI $75,000
Tenancy Multi
Lease Type Gross
Year Built 1972
Acreage 3.015
Zoning None
Ground Lease Yes
SELF STORAGE AND WAREHOUSE | 7.5% CAP RATE
Marketing description
125 Unit Mini Self Storage facility with high occupancy along with 12,576 square foot warehouse with office space. The warehouse and office space is leased to a moving company and is the largest warehouse in the Hamilton Opportunity Zone along U.S. Highway 93 and the north end of the business district of 1st Street. There is enormous demand for storage in the valley and particularly in Hamilton with a high growth rate and connection with the moving company. The buildings are for sale and sit on railroad leased ground. Very reasonable lease as is much of Hamilton's east side. It has been in place for decades and the property is priced accordingly. We have a recent fee based appraisal.
Listing Contacts
Listed by Exit Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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