Welcome to your next lucrative investment opportunity! Situated on a sprawling one-acre lot, this exceptional property features 47 enclosed units of various sizes, offering versatility to meet diverse storage needs. The entire property is securely enclosed within a fence, ensuring the safety and privacy of the tenants’ belongings. This facility is primed for immediate cash flow, boasting an impressive occupancy rate from day one. However, the real potential lies in the untapped opportunities to enhance and expand. With ample space available, you can easily add more units, introduce premium features, or implement strategic upgrades to attract higher rents and increase your ROI. Currently operating efficiently, this property has a solid foundation with significant room for growth. The existing units are well-maintained and in high demand, making it easier for you to step in and start generating income right away. The strategic layout and thoughtful design contribute to the property's appeal, ensuring it meets the needs of the community and stands out in the competitive market. Beyond the immediate income potential, consider the future development possibilities. The spacious lot allows for various expansion options, whether you're thinking of adding more units, creating specialized storage solutions, or offering value-added services. This flexibility ensures the property remains a valuable asset with the ability to adapt to market trends and demands. This is not just a purchase; it's an investment in a property with a proven track record and a promising future. Whether you’re an experienced investor looking to expand your portfolio or a newcomer eager to dive into a cash-flowing venture, this facility provides a solid foundation and ample opportunities to maximize returns.
Listing Details
Price
$440,000
Year Built
1998
Property Type
Commercial
Listing #
24010162
Status
Active
Listing Type
For Sale
Interior Features
Square Feet
4,600
Exterior Features
Lot Size
1.06 acres
Miscellaneous
MLS Area
Smith
Measurement Source
CAD
Courtesy of Aaron Bertke and Zac Williams, One Rock
This content last updated on 11/12/2024 8:57 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.