Listed by Coldwell Banker Gundake Saint Charles
$450,000
Income Producing Property. Owner User Potential off Hwy 67
Details
APN 07-60-13-00-000-0011.01
Property Type Self Storage
Sub Type land
Cap Rate 4.89%
NOI $22,000
Occupancy 50%
Broker Co-Op Yes
Class D
Year Renovated 2024
Investment Type Owner/User
Occupancy Date 04/13/2026
Ownership Private
Self Storage | 4.89% CAP
Marketing description
Great owner user opportunity with income in place. This parcel would be great for an owner user that needed space for parking of vehicles and Implements. Front off of parcel is occupied by tenant producing $24,000 a year in income. Back parcel is cross fenced for privacy and owner user. Current owner has recently invested nearly $200,000 of rock,fencing,clearing and lighting to bring parcel to current state. Parcel has been connected to public sewer and water Easy access and Visibility off Hwy 67.
Investment highlights
Nearly $200,000 of recent upgrades Including:
Gravel
Fencing
Lighting
Connected to Public Water and Sewer
Cross Fenced for Owner User
$24,000.00 Income in Place
Listing Contacts
Listed by Coldwell Banker Gundake Saint Charles
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,000.00
$1,833.33/mo
Valuation Metrics
0
DSCR
4.89%
Cap Rate
4.89%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
