Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage
Photo of Self Storage

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