Mini Storage Warehouses
Location Louisiana,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $220000
Net Profit / Cash Flow $170000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available.
Reason for Sale Other business interest.
Description For sale as a package or individually, 4 fairly new (all under 6 years old) mini storage warehouses totaling 41,200 sq ft of rentable space. Location number 1) has 234 units in 22,800 sq ft of rentable space of which 7,600 sq ft is climate controlled, 15,200 is non-climate controlled. Building sits on an approximately 150 x 450 foot commercial lot. Location number 2) has 83 units in 8,000 sq ft of rentable space, 2,700 sq ft climate controlled, 5,300 sq ft non-climate controlled. Units are on 350 feet of frontage by 115 foot deep corner lot. There is sufficient land to expand by another 10,000 sq ft of rentable space. Location number 3) has 63 units in 6,400 sq ft of rentable space, 3,000 sq ft climate controlled, 3,400 non-climate controlled. There is room to expand by another 3,000 sq ft of rentable space. Location number 4) is 44 units with 1,750 sq ft climate controlled, 2,250 non-climate controlled for a total of 3,000 sq ft of rentable space. Units are on approximately 110 x 60 foot lot. There is room to add an additional 4,000 sq ft of rentable space.
All locations have good occupancy that is rising. All locations are on high traffic streets with good visibility. Seller has significant other business interests and is motivated to sell. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer. Contact for more information on these Mini Storage Warehouses for sale.
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