Self Storage Details
- Purchase Method: Cash, New Loan
- Number of Storage Units: 22
- Acreage: 1 acre(s)
- Occupancy: 95%
- Year Built: 2009
- Cap Rate: 11.0%
- Listing ID: 298111
- Posted On: Oct 9, 2012
- Updated On: Jun 21, 2018
Description
This facility has a large RV storage(3)45' deep, 1 space is rented to a mechanic + a separate 400sq.ft. office +bathroom Have installed motion lights. I have rented approx. 95% of the building. and have added 10 more storage containers for a total of 27 self storage units of various sizes. The facility is 3 miles N. of Marion Illinois on Rte. 37* WHITEASH RV & MINI STORAGE ! Serious only need call ! No Emails, No Texting
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Financial Information (Actual)
Gross Income: | $16,800 |
Operating Expense: | $2,200 |
Net Operating Income: | $14,600 |
Expense Ratio: | 13.1 % |
Debt Info: | none |