- City Minneapolis
- State Minnesota
- CountryUnited States
Relocatable
Real Estate Included
This is an opportunity to own a self storage business in northwestern Wisconsin. Turn key business with website and many long-term renters. Additional space to grow makes this business attractive. Approx. 7.17 acres total, with three buildings. Great location for storage of ATV’s, boats and snowmobiles as the property is close to trails and in the lake area. Seller financing available with local bank proposed financing make this affordable for qualified individuals. Rate increase for 2009 is now in effect. Projected cash flow at present rental rate at 85% capacity is approx. $17,000 which is supportive of debt service and profit. This business can pay for itself while paying off principle making this an attractive investment. Land available for expansion. Own a storage facility to store your Big Boy Toys, and profit from it too. Business Price: $169,000 includes three buildings totaling 44 rental units with over 7,000 sq ft. Positive cash flow. Land could be divided. Currently 5 acres planted with crops.
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