CASH FLOWING MINI STORAGE UNITS FOR SALE!!
This cash flowing BUSINESS OPPORTUNITY involves a 44 Unit Mini Storage Business, 16.93 acres of Real Estate, an unlimited amount of growth potential – and all for just 1-2 hours of work per week! This business cash flowed over $26,000 in 2014 and the owner spent just two hours of work per week at the business. This is an excellent opportunity for an individual looking to invest in and own cash flowing real estate – with tremendous growth potential via undeveloped, commercially zoned land. There is also LITTLE TO NO COMPETITION in this market as only approximately 5 competitors exist for the entire county. This business was started in 2002 and purchased by the current owner in 2010. In 2013 a 6552 square foot warehouse was purchased and is a part of this business.
The last three years this business has consistently cash flowed over $30,000/year with minimal effort. Approximately 2 acres is leased on the business’ land by a local business who pays $500/month – as well as another local business at the warehouse renting two of the three units for $600/month. These tenants are local businesses & long-term tenants. The Storage Business itself 95% capacity year round.There is also an on-site tenant that lives in the house who does not pay rent, but provides on-site supervision. So far in 2015 both Revenue and Discretionary Earnings are on pace to exceed 2014.
If interested and want to learn more please contact Shep Campbell at (870) 450-3734, or, through email at [email protected] .