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Business Listing
| Listing No: | 93700632 |
|---|---|
| Category: | Real Property Related: Self Storage |
| Description: | Mini storage - living quarters |
Business Details
| Revenues: | $286,038 |
|---|---|
| Adjusted Cash Flow: | $185,746 |
| Selling Price: | $2,450,000 |
| Down Payment: | $2,450,000 |
| General Location: | Naples/Fort Myers area |
Executive Summary
Modern, well located mini storage facility. Tremendous upside. Currently 37% vacant and offered at a 7.5% cap rate based on existing income. Encompasses 331 units that include bays and a climate controlled building. LARGE MANAGER'S APARTMENT ON SITE, modern office, security system, and in thecenter of projected growth with many nearby business generators. Assume very favorable existing financing. Purchase for practically land value alone. Seller has other interests outside of the area and wants this property sold. No financials provided without a conversation first and non-disclosure.
Last revision: 12/08/2009 11:34:00 AM