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Self Storage with Owner Financing for sale in South Mississippi, Mississippi
Self Storage with Owner Financing
South Mississippi |
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Have YOU ever wanted a business that could make money with little work or time. If this fits, then this self storage MONEY MAKER is the right opportunity for you. This business runs itself. All you do is collect the money. All 65 units are 100% occupied with little turn over and long term renters. Proven money maker, year after year. Higher cash flow with nominal rent increases. Current rental rates 50% below market rates. |
Listing Number: 1161
Josh Drummond - Listing Broker
3586 Sangani Blvd, Ste L, Diberville, MS 39540
Telephone - (228)447-1024
E-mail -
jdrummond@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Storage & Warehousing |
| Asking Price |
$325,000 |
| Gross Sales |
$38,000 |
| Cash Flow |
$29,000 |
| FFE |
$0 |
| Inventory |
$0 (Inventory NOT Included) |
| Real Estate |
$325,000 (Real Estate IS Included) |
| Employees |
0 - Full-Time
1 - Part-Time |
| Facilities |
3 Metal Buildings: Total Square Feet 7200: Buildings 1 and 2 dimensions are 30ft X 40ft: Building #3 dimensions are 40ft X 140ft: Rental Units: 21 of the units are 10ft X 10ft: 44 of the units are 10ft X 20ft |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Limited competition in a market that will always be in demand. Current rates at 50% of competition. allowing rate increase for significant cash flow increase.
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| Growth Notes |
This Business has plenty of opportunity for growth Rent is about 50% lower than market standard. With as small as a $15 dollar a month increase would almost double cash flow. On the property there is plenty of room for additional buildings. |
| Support Training |
No training required for this business |
| Year Established |
1984 |
| Financing Terms |
Owner Financing Available |
| Reason for Selling |
Owner is moving from the coast. |
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