Value Add Self Storage Facility with Owner Financing in Aurora, NC!
We have a nice value add self storage facility for sale with infrastructure already in place. This is a great opportunity as a first facility or for someone who wants to increase the value themselves.
Owner financing is available or discount for all cash.
Finance purchase price is only $599,900.
$239,900 (40%) down and the balance of $360k owner financed @ 7% interest for 360 months with payments of $2,395.09 per month. No balloon.
Go look and make a serious offer!
Value Add includes: increasing occupancy, raising rents, building 3 to 4 more buildings which would more than double the current size, offering tenant insurance, or there’s also the potential of possibly converting the open storage to a long-term RV park. (County water is on the street.)
Current Income for facility is $2110 per month. Potential income with 100% occupancy at current rent rates is $3820 per month or $45,840 per year.
3 current buildings consisting of 63 non-climate control units.
32 open storage Boat/RV spots that have been recently added.
Property is entirely fenced in with a new controlled gate access operator with keypad entry.
Security lights are on the property through Duke Energy.
Facility is on the ESS (Easy Storage Solutions) management platform and the sale includes the ESS account and website/domain.
Aurora is a small town near the coast of North Carolina, major employer in the area is the Phosphate Mine which brings in a lot of employees and contractors from neighboring towns.
Unit Break Down and current street rents.
14 5 x 10 – $25
27 10 x 10 – $40
22 10 x 20 – $65
32 Open Space Boat/RV – $30
Text me at 803-339-2255 for more info.
You can also message me your email address and mobile number and I will send you more info.
We have been providing deep discounted properties in the Carolinas for over 35 years.
See more pictures of this property and other wholesale discounted properties at https://www.investorsrehab.com/property/value-add-self-storage-facility-in-aurora-nc