Listed by Saurage Rotenberg Commercial Real Estate
$1,500,000
Price Reduced: 136-Unit Mini-Storage Facility w/Add'l Land
Details
APN 15801B2633
Property Type Land
Sub Type Self Storage
Square Footage 19,482
Cap Rate 7.00%
NOI $110,000
Occupancy 95%
Price per SqFt $81
Year Built 2012
Buildings 7
Stories 1
Lot Size (SqFt) 1.73
Sale Condition For sale by owner
Self Storage | 7.00% CAP with additional land included
Marketing description
136 Unit Mini_Storage Facility For Sale
- 30 climate controlled units
- 106 non-climate controlled units
- All units are leased on a month to month basis
- Stays 95% fully occupied
- $110,000 NOI, 7% Cap Rate, current rental rates are below market value
- Low management cost
- Well maintained
- 1.729 Total Acres
- 0.53 Acres included in this sale, can be used for Additional Storage Units
- 309' frontage on Elizabeth Dr.
- Flood Zone "X" - no flood
- Also Available, 24-Unit Apartment Complex which also includes additional land on Teresa Dr.
Listing Contacts
Listed by Saurage Rotenberg Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,000.00
$9,166.67/mo
Valuation Metrics
0
DSCR
7.33%
Cap Rate
7.33%
ROI
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