422 LAKE ST, MACON, MO 63552
$450,000
Property Type:
Commercial/Indust.
Lot Size (sq. ft.):
174,240
Status:
Closed
Current Price:
$450,000
List Date:
3/13/2019
Last Modified:
9/08/2024
Description
Newly constructed 106 unit storage unit facility in Macon Missouri. Storage units have been open for approximately 3 months and are currently at 25%+ occupancy at time of listing. The property consists of:
28 5x10 units that rent for $30
52 10x10 units that rent for $40
24 10x15 units that rent for $50.
On approximately 4 acres, there is also space that has been graveled on the outsides of the units for RV and Boat Storage due to Longbranch Lake being right outside of Macon.50 spots at $40/per spot. Total gross monthly anticipated income is $6120. The storage unit market in this area typically sees 95-100% occupancy and this facility is expected to match.
Supplements: Taxes are unknown at time of listing since the built facility is new. Low maintenance, anticipated low taxes and insurance costs make this property a high CAP and ROI. Excellent opportunity to add to your storage unit portfolio or for someone just starting out in the business
More Information MLS# 383827
General Property Description
Building Status: Existing
Sq Ft Source: Builders Plans
Age Description: 1 Dy-5 Yrs
Includes:: Real Estate Only
Lot Size Dimensions: TBD
Lot Acres: 4
# Stories: 1
Location Tax & Legal
Location: Other
Zoning: None
Legal Description: TBD
Located within City of Columbia: No
Remarks & Misc
Directions: US 63 north of US36 to Lake St. Just down from Special D Meats.
Licensee Per/Int Dis
Not Applicable: 1
Property Disclosure
Property Disclosure To Be Provided: No
Floors
Concrete Slab: 1
Possession
At Closing: 1
Info Available
Leases: 1
Road Frontage
City: 1
Will Sell
Cash: 1
Contract Information
Current Price: $450,000
List Date: 2019-03-11
List Price: $450,000
Location, Tax & Legal
Area: Other County
Street No #: 422
Street: LAKE
Street Suffix: ST
County: Macon
State/Province: MO
Zip Code: 63552
Mapping ID #: TBD
Status Change Info
Status: Closed
Sold Date: 2019-06-14
Under Contract Date: 2019-04-13
Status Change Date: 2019-06-18
Property Features
Floors: Concrete Slab
Info Available: Leases
Possession: At Closing
Will Sell: Cash
Listing Office:
Iron Gate Real Estate
Listing Agent:
Tim Thomason
Last Updated: September - 08 - 2024
Information deemed reliable but not guaranteed.