Business opportunity! Let your money work for you!! This 20 unit, 10,000 s/f storage facility is 100% occupied, has outside storage available and has room for expansion. there is plenty of room to build another 10,000s/f building. Facility is in very good condition with very low operating expenses. All 20 units are 10X50 and currently rent for $129 a month with 25 outdoor spots that rent for $25 and plenty of room to build more units. Lots of potential for growth Property sits on 1.3 acres. There are no utilities but they are there if you want to be hooked up.
Cap Rate = 9.99, Revenue = $25,044, Expenses = $3,158 Income = $21,886
Call Valerie Littrell with Gattermeir Davidson Real Estate to learn more.