Bought with TIMOTHY E THOMASON • Iron Gate Real Estate
$250,000
$250,000
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1144 NE 1251 Rd RD Out Of Area (bdar), MO 65360
2 Acres Lot
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3560539
Sold Date 03/14/24
HOA Y/N No
Year Built 2000
Annual Tax Amount $1,313
Tax Year 2023
Lot Size 2.000 Acres
Acres 2.0
Property Description
Break into owning storage units with this turn key, cash flowing, 100% full, 36 door storage facility with expansion room in Windsor Missouri. Already set up for remote operation with ESS and Davinci locks. Current rent roll grosses $26,580 per year. 2023 expenses equals $7902.95. NOI of $18,677.05. That turns a 7.5 CAP profit on actuals. Raise rents, add tenant insurance and build more units to increase profits. Current Unit mix is 5x10 (16), 10x15 (3), 10x20 (14), 10x25 (3). 5 mile sqft per capita is extremely low at 3.23.
Location
State MO
County Other
Area O-N
Interior
Interior Features InteriorFeatures
Heating None
Cooling None
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available None, Sewer Not Available, Water Not Available
Water Access Desc None
Roof Type Metal
Present Use Mini Storage
Street Surface Asphalt,Paved
Building
Lot Description Outside City Limits
Sewer None
Water None
Structure Type Metal Siding
Others
Tax ID 101012000000002003
Ownership Fee Simple,
Financing Cash
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