422 LAKE ST, MACON, MO 63552 (MLS# 383827)

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

Overview

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

Listing Details MLS# 383827

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

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
Yes

Status Change Info

Sold Date
2019-06-14
Under Contract Date
2019-04-13
Status Change Date
2019-06-18

Property Disclosure

Property Disclosure To Be Provided
No

Location Tax & Legal

Location
Other
Zoning
None
Legal Description
TBD
Located within City of Columbia
No

More Information

Remarks & Misc

Directions
US 63 north of US36 to Lake St. Just down from Special D Meats.

Licensee Per/Int Dis

Not Applicable
Yes

Floors

Concrete Slab
Yes

Possession

At Closing
Yes

Info Available

Leases
Yes

Road Frontage

City
Yes

Will Sell

Cash
Yes

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.

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