180 Unit Mini Storage Business For Sale

Business description

Numbers don't lie! Established two locations 180 unit mini storage business with highway visibility. Positive cash flow based on reported 75% occupancy, 20% down, 20 year fixed loan at 8% interest rate. One location has office with a drop off window, heat & air. 24 hour video surveillance. Perimeter fenced with automatic gate with timed opening. Climate control buildings, landscaped, well maintained in convenient locations. Adjacent properties available at both locations, room to grow.

Franchise terms

Will finance with 50% down, bank rate, 15 year amorization, 5 year ballon

Property information

Real Estate:

Real Property Included

Lease terms:

n/a

Location:

Two location on same highway, Painter and Melfa on Virginia's Eastern Shore

Other information

Expansion potential:

Yes in the Painter location if the adjacent 1 acre parcel is purchased, $165,000. is the asking price.

Competition / Market:

20 minutes away is 400 unit mini storage business.

Support & training:

Seller will be in the area and available for consultation.

Reasons for selling:

Must retirer

Trading hours:

12

Financing available:

possible

Furniture / Fixtures value:

$2,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)

Website:

www.lewincarr.com