Investment opportunity in Blair

Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 30735792
Status: Pending/Contingent
Building Size (RSF): 7,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.42 Acres
Sale Price: $245,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/2/2021

Overview / Comments

An established Self Storage Facility with 43 units. Units range in size 5’x10’, 10’x10’, 10’x15’, 10’x20’ and 15’x40’. New retaining wall installed in 2018. A Wick building built in 1998 has (9) 10’x20’ that have an interior sliding wall to divide into smaller units. 30’x40’ Wick building built in 2000 that has (2) 15x40’ units perfect for motor home storage. The 3rd unit has 10’x5’ and 10’x10’ Electricity is the only utility to the property, and it averages $525 annually. Total rents if no vacancies is $2330 per month. Rents have potential to be raised as they have not been adjusted in years and are well below others in town. Real Estate taxes are $2430 annually. Call Paul at 402-250-1330 or Wes 402-740-1833 for more details.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $2,430 (Annual)

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Washington
Tax ID/APN: 890054040
Zoning: COMMERCIAL
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1979
Year Renovated: 2000
Roof Type: Gable
Construction/Siding: Metal Siding
Zoning Description: minimal flood risk area - zone X.
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,405 9,511 9,511
Median Age: 33.48 36.96 36.96
Households: 1,030 3,719 3,719
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