Self Storage Complex

Industrial for Sale
Catylist Listing ID: 30478577
Property Subtypes: Self Storage
Building Size (RSF): 12,100 SF
Gross Land Area: 1.99 Acres
Sale Price: $580,600
Unit Price: $47.98 PSF
Property Use Type: Investment
Building Name: Contempo Self Storage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/29/2019

Overview / Comments

Profitable self storage complex with onsite office. All fenced with electric gate access. 68 self storage units plus outside storage for boats, campers, RVs. Additional indoor climate controlled storage units and an attached 1,900 sqft office for additional rental income. Units are fully rented much of the time generating about $62,000 per year in gross income without the office space revenue.
There is plenty of room for expansion. Security system and management software included.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1606105003
Zoning: I1
Property Located Between: Near Harrison & 20th St.
Property Condition: Average
Construction/Siding: Metal Siding

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,552 85,655 167,254
Median Age: 33.96 34.77 37.22
Households: 4,940 33,882 65,971

Contact

Photograph of Listing Agent

Jonathan R. Krause

GAMBINO REALTORS ICEx Member
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