Mini Storage on 1.6 acres, 91 units, apartment, offices and shop close to west metro
Minnesota (Wright County)
Moving, Storage and Delivery - Self Storage  |  Moving, Storage and Delivery - Other
Seller Financing Available
Asking Price:   $865,000Inventory:   
Gross Revenue:   $90,528Real Estate:   $780,000 ++
Cash Flow:   $67,076FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Great opportunity for a turn key business with approx 1.6 acres of land located minutes from the west metro. This business has 4 mini storage buildings consisting of 91 units for a total of about 19,153 sq ft and that are about 80% rented. Plus there is also a 4th bldg which has a shop with about 4,453 sq ft and 2 offices totaling 936 sq ft. Shop and offices are currently rented to one tenant for $1,625.00 per month plus utilities. Also upstairs is an apartment unit with one bedroom, one bath, kitchen, living room and laundry room which is currently rented for $700.00 per month. There is room on the property to add an additional 20x100 foot 2 story mini storage building as well as an additional 10 x 24 foot mini storage building. This business has good rental history and with the ability to add more storage units makes this a great opportunity for a buyer.
About the Business
Employees:1 full time -
Market Outlook and Competition:moderate
About the Sale
Management Training and Support:up to 30 days
Reason For Selling:other interest
Seller Financing:negotiable

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Re: BizQuest ID:968939
Seller ID:113-10017
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Business Listed By
Ron Falde  |  First Choice Business Brokers, Inc.
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Industry: Moving, Storage and Delivery
Segment: Self Storage

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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.