Business Overview:
This Mini-Storage facility is located on about 3 acres in a rural community located in the center of Yavapai County. The property consists of two 2,560 square feet storage buildings, each containing 32 units, which were built in 1999. One unit has been converted to an office while the remaining 63 units are rentable. Each unit is 8' x 10' (80 square feet). The owner charges $50 per month to all customers. While the occupancy rate has been as high as 96% in the past, it has remained about 60% occupied for the last few years, which is typical for the industry. Most of the existing customers live in Yavapia County and Maricopa County, including areas as far away as Wickenburg, Paulden, and Mayer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The property consists of two 2,560 sq. ft. storage buildings, each containing 32 units, which were built in 1999. One unit has been converted to an office while the remaining 63 units are rentable. Each unit is 8' x 10' (80 sq. ft.).
Market Competition and Expansion:
Mini-Storage is believed to be one of only two storage facilities in the area including the almost 45 miles stretch between Congress and Prescott. The other storage facility is almost 5 miles south. Implementing Recreational Vehicle and boat storage as well as creative use of the unused acreage could potentially increase revenue substantially.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.