New all metal self storage business with additional rental property

Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

side of home
aerial showing house, storage units, and outdoor storage sites
back view from storage to road
all new all metal storage buildings
interior
existing slab and outdoor storage spots
side of home
aerial showing house, storage units, and outdoor storage sites
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New all metal self storage business with additional rental property


Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Don't miss out on this one-of-a-kind commercial opportunity! This new self-storage business is an investor's dream, boasting 65 units, durable metal construction, and a web-based management system for easy operation. With excellent occupancy rates and low expenses, this is a venture that promises strong returns. Conveniently positioned in the heart of Oakland, this business is close to Waterville, Thomas and Colby colleges, and the picturesque Messalonskee Lake, making this facility a preferred choice for students, faculty, and lake house owners needing additional storage space. 2 130x30 buildings house 52 10x15x8.5 storage units. The back building is 130x20 and holds 13 10x20x13.5 storage units. There are an additional 25 spaces for outdoor storage of boats, RVs, etc. A 14x66 concrete pad formerly held a mobile home and could potentially be reused for that or for additional outdoor storage locations. Building blueprints are available along with detailed construction specifications.

The package also includes a remodeled 3-bedroom, 1-bath ranch home, which is currently rented. The home can be utilized as an extra rental income source, an office space, or simply as a convenient residence for maintaining a perfect work-life balance. Come explore the potential of this unique commercial proposition today! Prospective buyers must sign an NDA and present proof of funds to receive financials.
About the Business
Years in Operation
1
Employees
1
Facilities & Assets
3 new all metal storage buildings. 2 buildings contain 52 10x15x8.5 storage units. The back building has 13 10x20x13.5 storage units. There are solar lights on each building and the property is monitored by wireless game cameras. There are 25 spots for outdoor storage of boats, RVs, etc. A 14x66 concrete pad provides additional potential storage locations. Storage unit rentals are all controlled via the website, which handles payments. A 3 bedroom 1 bath home is currently rented, but could also be used as an office or as a home.
Market Outlook / Competition
Storage units are in demand. Occupancy rates of this new business are already averaging 80%. This business is in a great location - easy to access by larger population areas such as college students and lake home owners.
Opportunities for Growth
Outdoor storage % is still low. Partnership with shrink wrap offering for boats and RVs onsite was just started and has great upside potential. There is land adjacent to this property that may be available for purchase for more expansion.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
11,700
About the Sale
Seller Motivation
Seller is looking for a new investment opportunity
Transition Support
Seller will provide a 2 weeks of turnover training. This business is easy to run and doesn't need a lot of training.
Listing Info
ID
2378777
Listing Views
1187
Business Location

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Business Listed by: Charlene Hamiwka

Listing ID: 2378777 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. See our full Terms of Use. Learn how to avoid scams.