< Previous
Result 11 of 252 Next >
8% CAP Rate - 630 Units
| Asking Price: | $3,295,000 | Inventory: | |
| Gross Revenue: | $360,000 | Real Estate: | n/a |
| Cash Flow: | $265,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This four location storage operation is one of the best in downstate Illinois. There is over 10 acres of land in high visibility locations all in the same town. The total revenue for 2007 was $335,000. The total revenue for 2008 was $340,000. The total revenue for 2009 should end up at $360,000. This opportunity includes 21 storage buildings, 3 retail spaces, and one house. Many of the buildings were built in the last 7 years. Out of the 630 units there are only 18 vacancies. The house and all retail spaces are leased out. Two locations are paved and two are rock. There is outdoor storage at two of the locations. There are no climate control units. There is room to expand at three of the locations. There is an on site office at one of the locations. The owner's benefit for 2009 should end up at $265,000. Why would you put your money in a bank to not even earn one percent....when you can earn 8% on your money?
Sell Your Business | This listing has been viewed 97 times
advertisement
| |||||
|
Current Search
Industry: Moving, Storage and Delivery
Next Listing: Transit & Storage w/ Custom Warehouse 2309mj
Last Viewed: Hair Salon
| ||
|
Recommended Resources
Sponsored Links
| ||
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||



