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Opportunity Zone

RUSH COUNTY STORAGE

Self Storage | 6.50% CAP | 287 Units

Listing Contacts

Active

Asking Price: $2,399,000
Address (3 locations)

900 W 3rd St, Rushville, IN 46173

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324 E 2nd St, Rushville, IN 46173

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100 S McFarland St, Rushville, IN 46173

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Date Added
Jan 28, 2025
Days on Market
83 days
Time Since Last Update
17 days

Details

Property TypeSelf Storage
Investment TypeStabilized
ClassB
TenancyMulti
Square Footage36,420
Cap Rate6.50%
Occupancy83%
Occupancy Date01/28/2025
NOI$155,801
Units287

Marketing Description

Introducing the Rush County Storage located in Rushville, IN.​ This exceptional property offers a unique investment opportunity with 287 self-storage units in Rushville, Indiana.​ Boasting an IN-Place NOI of $155,801 and a stable occupancy rate, this property is primed for growth with great potential for increased rents.​ Conveniently situated just 45 minutes east of Indianapolis, all three locations are within close proximity to each other, providing ease of management and operations.​ The properties benefit from city water and sewer services, enhancing their appeal and value.​ The current owner has made significant improvements, setting the stage for the next owner to maximize this property's potential.​ Don't miss out on this lucrative investment opportunity in the thriving Rush County area.​

 

Video of the Properties: https://youtu.​be/xs80nMKIgYE?si=KF93Edb5Lu_gFAkd

Investment Highlights

Located only 45 minutes East of Indianapolis

All Three locations located within 1 ½ miles of each other

Stabile occupancy with the opportunity to increase rents

City Water & Sewer

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$155,801.00
$12,983.42/mo

Valuation Metrics

0
DSCR
6.49%
Cap Rate
6.49%
ROI

Due Diligence

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Listing Contacts


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