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Murphy Sheds

Business and Inventory for sale no real estate, leased space for Wherehouse.

Listing Contacts

Active

Asking Price: $449,000
Earnest Money  Deposit: 3% min.
Address 

2609 Bridge View Dr, Rapid City, SD 57701

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Date Added
Aug 30, 2022
Days on Market
970 days
Time Since Last Update
5 days

Details

Property TypeIndustrial
SubtypeManufacturing
Investment TypeStabilized
Lease TypeGross
TenancySingle
Square Footage4,000
Price/Sq Ft$112.25
Cap Rate18.71%
Occupancy Date08/31/2022
NOI$84,000
ZoningGC
Lot Size (sq ft)1
OwnershipLLC
IntelligenceINTELLIGENCE
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Marketing Description

Here is your opportunity to own a well know, growing business that has been in business 40+ years, with about $300,000 in assets including tools, vehicles and 20 rent to own shed's that are out generating about $44,000/YR.​ income, this sale will include the business in rapid city and also their other business in Casper WY that has been temporarily shut down but the corporation is still active .​ owner willing to carry a contract with 40% down remaining 60% amortized over 20 years at 5.5% with a 10-year balloon, 5 years of financials are available with a signed NDA.​

Investment Highlights

Huge potential to expand business

Excellent opportunity in strong housing market

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,000.00
$7,000.00/mo

Valuation Metrics

0
DSCR
18.71%
Cap Rate
18.71%
ROI
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Due Diligence

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Listing Contacts


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