300 E Iowa Ave - Self-Storage Facilities FOR SALE


Onawa, IA 51040
$649,000 USD
402-213-1936
300 E Iowa Ave, Onawa, IA for Sale
$649,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 7.13% Cap Rate

300 E Iowa Ave
Onawa, IA 51040


OVERVIEW

PROPERTY SPECIFICATIONS o Turn Key Storage o 300 East Iowa Avenue, Onawa, IA 51040 o Mini-storage facility o Class B (2004/2015/2019)/????? o Unit mix: (5) 10x40 Roll Up, (62) 10x20 RU, (20) 10x10 RU + (11) outdoor stalls o Rentable building area (RBA): 16,400 SF o New driveway o Space for further development/gross potential RBA: 26,800 SF FINANCIAL METRICS o Capitalization rate: 7.13% o Gross rent multiplier: 11.83 o Income/expense ratio: 37.85% o Return-on-equity: 8.89% o Near-term monthly gross revenue: $6,397

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

7.13%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turn Key Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

67-8345-04-4-00-008

ASK ABOUT THIS PROPERTY

Stephen WardExceptional Properties GroupMore Info
402-213-1936

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Stephen WardExceptional Properties GroupMore Info
402-213-1936

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.