701 Temple St - Self-Storage Facilities FOR SALE


Central City, KY 42330
$425,000 USD
270-702-2623
701 Temple St, Central City, KY for Sale
$425,000 USD
Self-Storage Facilities - FOR SALE
1/16
null | 4.02% Cap Rate

701 Temple St
Central City, KY 42330


HIGHLIGHTS

  • Climate Controlled Storage Units
  • High-Traffic Main Street Location
  • Nearly Fully Rented

OVERVIEW

Exceptional investment opportunity in Central City! This fully operational 32-unit self-storage facility offers strong cash flow and high occupancy (currently 87.5%). The property features 20 exterior units built in the last year and 12 interior climate-controlled units, catering to a wide range of storage needs. The facility has been extensively updated in 2023 with a new roof, gutters, and fresh paint, ensuring low maintenance for years to come. A gravel lot allows for easy access and maneuverability. With a monthly gross potential income of $2,800 (at full capacity) and minimal expenses (~$100/mo), this property produces a solid $32,400 annual Net Operating Income when fully leased. Don't miss your chance to own a turnkey, income-generating asset in a growing market with room for future rent increases and expansion.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

4.02%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red Roof Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Garage, Parking Lot, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

141-01-01-010.001

ASK ABOUT THIS PROPERTY

James HarguseXp RealtyMore Info
270-702-2623

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James HarguseXp RealtyMore Info
270-702-2623

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