Self Storage Investment Opportunity
$425,000
Listing Resources
Listing Description
Self storage facility on main hwy in Lebanon IL. Close proximity to McKendree University, providing a strong renter base. 99 units, 5,870 square feet. Attractive cap rate.
Sale Price: $425,000
Listing Details
Listing No : 2932
Sale Or Lease : For Sale
Property Type(s) : Investment
Sale Price : $425,000
CAP Rate : 8.60%
NOI : $36,332
Parcel No : 05-19.0-428-016
Zoning : B2
Property Tax : $7,417
Year Built : 2002
Roof : Metal
Exterior : Metal
Total Units : 99
Acres : 0.63 Acre(s)
Frontage : 50 ft
Depth : 340 ft
Gross Rental Income : $50,344
Insurance : $1,410
Utilities : $1,185
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Carter
Marteeny - CCIM
- Office: 618-277-4400 Ext. 41
- Mobile: 618-304-3917
- carterm@barbermurphy.com