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Listed by Kevin and Audrey Team REMAX Jefferson City
$ 199,900
Est. payment | /mo
6,400 SqFt
$ 199,900
Est. payment | /mo
6,400 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $31
MLS Listing ID 10074337
Year Built 2025
Lot Size 0.500 Acres
Acres 0.5
Source Jefferson City Area Board of REALTORS®
Land Area 6400
Property Description
INVESTOR OPPORTUNITY - UNLOCK THE POTENTIAL!
Here's your chance to own a 24-unit storage facility on approximately 1/2 acre with significant upside potential! The property consists of 3 storage buildings with a variety of unit sizes and is currently operating at only approximately 25% occupancy, giving a new owner the opportunity to increase occupancy and rents while building immediate value.
The current owner simply doesn't have the passion to actively market and manage the storage units, creating an excellent opportunity for an investor or owner-operator ready to take advantage of the untapped potential.
The facility includes:
2 - 26' x 30' units
10 - 10' x 30' units
12 - 10' x 10' units
At the proposed market rents, the property has the potential to generate approximately $2,760 per month, or $33,120 annually, when fully rented. Potential rents include approximately $300/month for the 26' x 30' units, $150/month for the 10' x 30' units, and $55/month for the 10' x 10' units.
Operating expenses are minimal, with the owner currently paying approximately $40 per month for electricity for the light pole.
Another valuable feature is the easement providing road frontage signage, offering an excellent opportunity for visibility and marketing to potential tenants. The property also offers convenient access just off Highway 54 in New Bloomfield, Missouri.
The storage facility is currently part of a larger tract of land and will be surveyed and divided from the larger parcel prior to closing, creating a dedicated parcel for the storage operation with access via an easement.
The opportunity here is simple: increase occupancy, bring rents to market, and unlock the property's income-producing potential. Whether you're an experienced storage investor or looking for an affordable income-producing property to add to your portfolio, this property deserves a look.
Here's your chance to own a 24-unit storage facility on approximately 1/2 acre with significant upside potential! The property consists of 3 storage buildings with a variety of unit sizes and is currently operating at only approximately 25% occupancy, giving a new owner the opportunity to increase occupancy and rents while building immediate value.
The current owner simply doesn't have the passion to actively market and manage the storage units, creating an excellent opportunity for an investor or owner-operator ready to take advantage of the untapped potential.
The facility includes:
2 - 26' x 30' units
10 - 10' x 30' units
12 - 10' x 10' units
At the proposed market rents, the property has the potential to generate approximately $2,760 per month, or $33,120 annually, when fully rented. Potential rents include approximately $300/month for the 26' x 30' units, $150/month for the 10' x 30' units, and $55/month for the 10' x 10' units.
Operating expenses are minimal, with the owner currently paying approximately $40 per month for electricity for the light pole.
Another valuable feature is the easement providing road frontage signage, offering an excellent opportunity for visibility and marketing to potential tenants. The property also offers convenient access just off Highway 54 in New Bloomfield, Missouri.
The storage facility is currently part of a larger tract of land and will be surveyed and divided from the larger parcel prior to closing, creating a dedicated parcel for the storage operation with access via an easement.
The opportunity here is simple: increase occupancy, bring rents to market, and unlock the property's income-producing potential. Whether you're an experienced storage investor or looking for an affordable income-producing property to add to your portfolio, this property deserves a look.
Location
State MO
County Callaway
Rooms
Basement None
Interior
Heating None
Cooling None
Exterior
Parking Features Garage, Attached Garage, Off Street
View Y/N No
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Nearby Locations
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Kim Idel
REALTOR® Lic# 2012009605