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Mini Storage - 140 units
Location: United States -> California -> Northern California - All Northern California -> Mount Shasta
Industry: Real Estate > Other Real Estate




Business Summary

This owner operated business is a 141 unit mini storage company. 6 single story steel buildings totaling 14,682 square feet situated on 1.66 acres of beautiful scenic property surrounded by pine trees with a gorgeous view of Mt. Shasta right out your front door. The main home is a nice 1,852 sqft 2 story modern A-Frame with loft. Home can be for owner or can rent for $1,200/mo. Office & 1 bedroom caretaker's apartment (currently rented for $600/mo) is 750sqft, Garage is oversized 24x30 with a furnished upstairs studio loft with a Mexican flair (720 sqft). which rents for $700/mo. There is an automated security gate which is controlled by a state of the art keypad. 20,000 of inventory and assets included, This facility was U-Haul for 6 years and the current owner is a licensed U-Haul Dealer. U-Haul will generate another 24,000-30,000/year if new owner transfers dealership. This owner also sells cargo containers and last years gross sales were 15,000 in addition to the regular storage income. Centrally located in a growing community surrounded by mountains, plenty of fruit trees, located on a dead end road adjoining over 5,000 acres of trees & trails, there is also a pond close by and within walking distance, located between 2 major metropolitan cities; freeway frontage, horse facilities on site, a beautiful place to work, live, and prosper. Please contact for more information on this Mini Storage business for sale. 11% cap rate. scheduled income 13k before U-Haul. OWNER CARRY with 500k down


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $130,000
Cash Flow:   $120,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  Yes

About The Business

Year Established:  1991
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Want A Ranch




Print Listing Id: 70012803
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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