51 Unit Self Storage Facility Near Lake
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $40000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner has other interests.
Description Brand new self storage facility for sale near Popular Lake Leased up to 98% since opening in Summer 08 51 units with 16,152 sf of rentable storage Many annual leases for boating customers Close to public boat launch Excellent investment for active boater Excellent opportunity for the new storage investor, or someone looking to expand their storage portfolio. This brand new, professionally run business is located in an area with high demand for storage, especially boat storage! Located in a very popular tourist destination with boaters who visit several times a year, and come back year after year! In 2007, over 3.1 million visitors came to the area. These boaters need storage, and have filled this facility almost to capacity since opening in summer of 2008! The current owner manages the property with a cell phone and the user friendly, emove software, making the transition to the new owner very easy. Occupancy is 98%
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