438 Walnut St - Self-Storage Facilities FOR SALE


Lawrenceburg, IN 47025
$350,000 USD
438 Walnut St, Lawrenceburg, IN for Sale
$350,000 USD
Self-Storage Facilities - FOR SALE
1/20
null | 6.91% Cap Rate

438 Walnut St
Lawrenceburg, IN 47025


HIGHLIGHTS

  • Low maintenance cold self storage
  • 44 units with low vacancy and room to increase rent
  • Nearly 7% CAP at asking price

OVERVIEW

Great investment opportunity on this 44 unit cold self-storage facility! This property is extremely low maintenance and efficient to maximize your investment and minimize your time. There are two entrances, one off Walnut Street and one off the alley in the back. Both entrance doors are secured with a combination lock. All units have roll up metal doors and individual locks. A wide hallway allows ease of movement for storage tenants. This building is 86% occupied at time of listing and has room for rent increases. Priced at roughly a 7% CAP based on 2025 financials. Call for more details, copies of rent roll and financials are available to qualified buyers.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

6.91%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lawrenceburg Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

67 - Commercial

APN/PARCEL ID

15-07-14-204-181.000-026

ASK ABOUT THIS PROPERTY

Andrew LohmillerLohmiller Real EstateMore Info

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Andrew LohmillerLohmiller Real EstateMore Info

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