RV And Mini Storage For Sale On 6.19 Acres
Location Arizona,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $124309
Net Profit / Cash Flow $84581
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 5000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training 2 weeks familiarization included in asking price.
Reason for Sale Other business interests.
Description Boat, RV and Personal Public Storage for sale: Recently built 2005 RV & Mini storage facility on 6.19 acres. Site has 900 sq. ft. living quarters with double garage. Currently facility has 250 units in 7 tract T buildings designed and laid out for a total of 13 buildings or 460 units. Started in May 2005. First phase consisted of 4 storage buildings containing 110 storage units, totaling 15, 700 sq. ft., also part of phase 1, construction of an office-residence and separate garage-workshop. By 10/05 the business was 95% rented. Phase 2 adding 3 buildings opened 2006, increasing units to 250, 36,400 sq ft, with occupancy rate to 70% 2007. Occupancy is still growing. Currently there are 5 storage businesses in the area and they range from 30 units to 170 units. This is the newest and largest mini storage in the area with room to expand. All RV storage space is compacted AB road base, where the others are mostly dirt and weeds. Not all of the other RV storage businesses have security. Excellent: Vision for the 6.19 acres is to expand with 6 more buildings of approximately 200 more units. This would provide an overall capacity of 450 storage units. There is also a plan to incorporate an additional 150 covered RV storage spaces. There are plans and space for RV dump station, wash rack and propane fill station. Sale Price includes Real Estate valued at $2,000,000, F F& E $5,000. Email or call Clay Richards 928-445-1144.
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