Self Storage Details
- Purchase Method: Cash, Seller Financing, New Loan
- Number of Storage Units: 120
- Acreage: 1 acre(s)
- Square Footage: 45,000 sqft
- Occupancy: 98%
- Year Built: 2010
- Listing ID: 638152
- Posted On: Feb 25, 2016
- Updated On: Mar 2, 2018
Description
Secure retirement income available through purchase of vibrant and profitable storage facility. At asking price of $450,000 return on investment about 8% annually. Can be more with right operator as there are currently several income stream from business. Facility generally is over 95% rented. Very modern and well kept, secure facility. San Carlos is a quaint, x-pat fishing village on the Sea Of Cortez in Mexico; just south of Rocky Pt; Mx !!
42' 5th wheel with 3 pop outs and a really nice 1/1 apt. come with property !!
Facility consists of Storage units, covered and uncovered boat, rv, cars, etc. Several small business's within property, 42' King of the Road with 3 pop outs and a 99' Ford F250 diesel included. Located between the two major marinas in San Carlos , Son. Mx 20 meters from the Sea Of Cortez just 4 hours south of Nogales Az. border. 800 sq. ft. offices with 2 baths offer many more income options. Currently grossing over 70k/yr!
Financial Information (Actual)
Gross Income: | $6,200 |
Operating Expense: | $1,500 |
Net Operating Income: | $4,700 |
Expense Ratio: | 24.2 % |
Debt Info: | no debt, free and clear with Corp. |