63 E School St - Self-Storage Facilities FOR SALE


Bonne Terre, MO 63628
$359,500 USD
63 E School St, Bonne Terre, MO for Sale
$359,500 USD
Self-Storage Facilities - FOR SALE
1/10
null | 9.1% Cap Rate

63 E School St
Bonne Terre, MO 63628


HIGHLIGHTS

  • New metal roof 2010.
  • Road frontage for conversion to office .

OVERVIEW

Interest rates are probably going to drop. Time to place a contract on property with a 45 day closing date to get the property with the best interest rate. Built 1988 61 and 63 E School St, Bonne Terre, MO 63628 is 21 self Storage Units. Current $44,301,60 gross with NOI annually of an estimated $39,401.60. If only 90% collected. On storage building. Current cap rate of 9.1%. The units are currently 33% lower cost than the majority of units in St Francois county and less than all units in St Francois county. The lot is paved with police patrol regularly due to bank across the street and church next door. Second building is now included. This structure has a one bedroom apartment in rear that is air b n b. It brings in approx. $1000 per month. The office in front is an estimated 260 sq. ft. Two rooms. 63 E School St, Bonne Terre, MO 63628 The total lot with two buildings and parking lot is just over 100 ft x 125 ft

FOR SALE DETAILS

PRICE

$359,500 USD

PRICE/SF

$90 USD /SF

CAP RATE

9.1%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Garage, Parking Lot

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

commercial

APN/PARCEL ID

07-60-14-01-023-0007.00

ASK ABOUT THIS PROPERTY

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