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29493360
29493361

14209 Silver Ln, Cole Camp, MO 65325

DW
MO 2020028476
RE/MAX Truman Lake
Listed by RE/MAX Truman Lake
$395,000
144 days on market
Updated 49 days ago

Highway 65 Storage

Details
Property Type Business for Sale, Self Storage
Sub Type Rental
Square Footage 13,000
Net Rentable (SqFt) 13,000
Units 60
Cap Rate 8.36%
NOI $33,022
Tenancy Multi
Pro-Forma Cap Rate 9.38%
Pro-Forma NOI $37,051
Price per SqFt $30
Year Built 1990
Buildings 4
Acreage 1.740
Investment Type Stabilized

Business for Sale | 8.36% CAP | 13,000 SqFt

Marketing description

Income-Producing Storage Facility with Highway Frontage

Excellent opportunity to acquire a cash-flowing storage facility with additional rental income and strong visibility. The property consists of 59 total storage units, including 45 inside concrete-floor units and 14 outdoor park-on storage spaces, plus one on-site mobile home rental for added income diversification.

Situated on approximately 1.74± acres with direct frontage on State Highway 65, this property benefits from outstanding exposure and accessibility. According to MoDOT, Highway 65 sees approximately 40,000 vehicles per day, making it a prime location for storage demand.

Ideally located between Sedalia and Warsaw, Missouri, on a major thoroughfare serving traffic to Truman Lake and the Lake of the Ozarks, this asset is well positioned for consistent use by local residents, recreational users, and seasonal traffic.

Investment highlights

59 total storage units and 1 mobile home rental.

45 inside concrete floor storage units.

14 park on outside storage sites.

1 mobile home.

1.74 acres +/-.

State Highway 65 frontage.

40,000 per day traffic count per MoDot web page.

Located between Sedalia and Warsaw MO.

Near two major recreational lakes.

Gateway to Harry S Truman Corp Lake (50,000 acres of water 110,000 acres of public use land).

Gateway to Lake of the Ozark (54,000 acres)

Listing Contacts

DW
MO 2020028476
RE/MAX Truman Lake
Listed by RE/MAX Truman Lake

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$33,022.00
$2,751.83/mo

Valuation Metrics

0
DSCR
8.36%
Cap Rate
8.36%
ROI

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Additional Information

Name
Dillon Wing
License
2020028476
Brokerage
Re/Max Truman Lake
Brokerage Phone
660-525-2201
Title
Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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