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31581709
31581710

16410 BAYARD RD, MINERVA, OH 44657-8675

Kiko
Listed by Kiko
$440,000
58 days on market
Updated 58 days ago

Self Storage Units On 2.82 Acres

Details
APN 10015329
Property Type Self Storage
Square Footage 4,500
Units 1
Cap Rate 6.63%
NOI $28,833
Year Built 2002
Buildings 1
Stories 1
Acreage 2.820

About This Property

Marketing description

Land, Self Storage • 4,500 SF • 05/01/2025

Investment highlights

SELF-STORAGE UNITS - Good rental history and occupancy. 2.82 Acres, Fenced with electric controlled gate entrance, security cameras. Super firm lot with plenty of room to expand. Plus 8 Storage Rental Containers, and camper, boat, trailer storage. No Zoning! Integrity Electric handles the gate and system. The electric pay website, the gate won't open unless the tenant is current. WiFi is Spectrum. AEP Electric. Exterior lighting. Southway fencing, 6 ft chainlink with barbed top. 33 rented units (some vacancy), 1 unit is an owner's unit, housing electric service. Manual gate at the back entrance. Website software $137 month. Monthly Income average $3,500-4,000. Paris Township, Stark County, Easy access off St Rt 183 just north of Minerva.

Listing Contacts

Kiko
Listed by Kiko

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$28,833.00
$2,402.75/mo

Valuation Metrics

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DSCR
6.55%
Cap Rate
6.55%
ROI

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