Average square foot calculated using Size range provided by listing agent.
Description
Turn-key mini-warehouse storage investment opportunity featuring 26 rentable units in a well-maintained facility. The unit mix includes eight spacious 10x20 units renting at $95/month, ten mid-size 8x10 units at $65/month, and eight compact 5x10 units at $45/month. Currently, 21 of the 26 units are occupied, generating a gross monthly income of $1, 505. The rentals operate on month-to-month leases, offering flexibility for future rent increases. With only two of the 8x10 units and three of the 5x10 units available, vacancy remains minimal. The property benefits from low operating costs, paved access around the building for easy tenant use, and two light poles on site for either side of the building. Notably, almost no marketing has been done to date, leaving significant room to increase occupancy and revenue through even modest promotional efforts. Projected gross income for 2025 is approximately $16, 400. This is a low-maintenance, income-producing asset with strong upside potential in rents and occupancy.Show Description