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Business Listing
| Listing No: | 93700630 |
|---|---|
| Category: | Real Property Related: Self Storage |
| Description: | Mini storage - can expand |
Business Details
| Revenues: | $544,040 |
|---|---|
| Adjusted Cash Flow: | $332,014 |
| Selling Price: | $3,425,000 |
| Down Payment: | $3,425,000 |
| General Location: | Naples/Fort Myers Area |
Executive Summary
Modern institutional grade mini-storage facility situated on 3 acres & priced to sell! Excellent visibility on a major highway with 60,000 cars daily. Mix of 527 units includes many cube sizes, garages, and a large area for bulk storage that can be built out with cubes to further improve revenue. Currently 75% leased & priced at a capitalized value of 7.3%! Excellent potential to increase value. Priced at much less than replacement cost - almost at land value alone! Completely fenced with gated security, air-conditioned, modern office, bright and clean. Excellent opportunity that won't happen again!
Last revision: 8/21/2009 14:14:00 PM