- Thank you for your interest in this listing, but it has been sold. You may view other listings from this office.
Return to Search Results
Register below to save listings to
your account for future reference!
User login
Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
PDFMini Storage & Commercial Income, with Real Estate
Listing ID:
RALEINC001420
RALEINC001420
Carteret County, North Carolina, United States
Lessors of Miniwarehouses and Self-Storage UnitsListing Status: Sold
Description
This truly is a rare opportunity to own a commercial building and mini-storage that pays for it just five minutes from Emerald Isle Beach, NC.
This property provides a nice cash flow where an owner operator would have earned $112,575 in 2010. SBA financing is available and the owner will take back a note. In addition to a consistent current income from the mini-storage property, there is room for expansion. Seventy five units can be added on the existing property.
The economy of the area is strong. The drivers of this economy are affordable coastal living in Carteret County and the dramatic growth of Camp Lejeune Marine Base in neighboring Onslow County. Within five miles are two new Walgreens, a new Lowe's, several new banks & restaurants, new Walmart, and just three miles away is the largest sports complex on the east coast. Also, within minutes are golf courses, health clubs, medical offices, large existing waterfront communities and five new housing developments underway.
Financials
| Asking Price: | $799,000 |
|---|---|
| Revenue: | $132,108 |
| Cash Flow: | $99,762 |
| Downpayment: | $0 |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | N/A |
| Inventory Asking Price: | N/A |
| Financing Available? | Yes |
Property
| Asking Price: | ON REQUEST (Included in Asking Price) |
|---|---|
| Building Size: | N/A |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 2002 |
| Year Acquired: | 2002 |
| Full-Time Employees: | 0 |
| Part-Time Employees: | 0 |
| Reason For Sale: | Owners are selling properties in order to travel, retire. |