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Moffett Road Self Storages for Sale
Mobile, AL 36602
Building Size: 42,431 SF
Lot Size: 10.40 Acres
Occupancy: 90.00%
Price: $1,845,000
Price/SF: $43.48
Cap Rate: 10.75%
Property
Description: There are two self storage
locations included in this sale. They are operated
by a management team from one office. There is total
of 347 self storage units and a 28 space mobile home
park. SALE IS TO BE KEPT STRICTLY CONFIDENTIAL.
SPEAK ONLY WITH LISTING BROKER.
This property is priced to sell!! Serious inquiries
please. Principles only!!!
Location Description: The two properties are
located in the Western part of Mobile County on a
major east/west artery. This area has seen a
substantial amount of retail and residential
development over the past few years.
High growth area - Great upside
potential - Proven income history
Year: 2007
Scheduled Gross Income: $379,893
Effective Gross Income: $306,213
Operating Expenses: $102,562
Net Operating Income: $203,651
Debt Type: Proposed
Loan Amount: $1,476,000
Interest Rate: 7.00%
Amortized Over: 20
Annual Debt Service: $137,321
Down Payment: $369,000
CONTACT: Keith Vaughan of KV
Properties LLC at (251) 432-0123
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Comments
Dear
SSBay.com,
I had my listing for a mini storage on your
website and I was honestly impressed by the
number of calls that I got from qualified buyers
that found my listing on your site. You must be
advertising in the right places. I've since sold
my mini storage listing and I'm currently
working a few of these buyers to help them find
other mini storage facilities for sale. Thanks
for your help.
Richard Rasmussen Designated Broker
Sunbelt Business Advisors, LLC.
RICHARD, I
FOUND A WONDERFUL MANAGEMENT TEAM THROUGH YOUR
SITE!! THANK YOU KATHLEEN
Thank you
Richard, I received a call within an hour of my
posting the ad on your site.
Bret daCosta
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