Listed by Matthews
$390,000
Old Town Storage
Details
APN 240122968
Property Type Self Storage
Sub Type N/A
Square Footage 10,320
Net Rentable (SqFt) 10,242
Units 55
Cap Rate 6.75%
NOI $25,896
Occupancy 86%
Pro-Forma Cap Rate 10.77%
Pro-Forma NOI $42,017
Price per SqFt $38
Year Built 1976
Year Renovated 2024 / 2025
Buildings 2
Lot Size (SqFt) 17,631
Zoning Commercial
Occupancy Date 03/25/2026
Ceiling Height 7' | 12'
Self Storage | $38/NRSF | 55 Units
Marketing description
$390,000 | Old Town Storage - 102 S Adams St, Lexington, NE 68850
Please direct all requests for additional information and other related inquiries to Mason Gates at (602) 946-4856 or [email protected]
Investment highlights
The subject property is for sale at just $38/NRSF — well below replacement cost. Featuring a wide array of unit sizes and value-add potential, this makes for a great investment by a first-time storage investor, or an existing operator looking to expand their market share.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,896.00
$2,158.00/mo
Valuation Metrics
0
DSCR
6.64%
Cap Rate
6.64%
ROI
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