Owner Financing is Available!
Business Overview:
This is a great opportunity to own a well established self storage facility. This self storage facility contains a total of approximately 35,000 of rentable square feet, comprised of 233 units in 22 different sizes. Currently the facility is 71% occupied and there is an additional expansion area of 1.7 acres. The facility sits on just under 3.1 acres, excluding the expansion area, and also has two leasable commercial offices. Owner financing is available.
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 facility is conveniently located for its customer base and is close to major thoroughfares and visible from highways. The mini storage units are contained in six separate buildings which are surrounded by fencing and the commercial offices total 1,920 square feet.
Market Competition and Expansion:
As previously mentioned, there is 1.7 vacant acres where expansion units can be built. Also, the facility is undermanaged and with a focused marketing program and good management the cash flow could be greatly increased.
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.
Resources: