Safe Harbor Self Storage (Falls Of Rough, Ky)

Business Opportunity for Sale
Catylist Listing ID: 30102347
Property Subtypes: Moving/Storage/Delivery, Real Estate
Building Size (RSF): See Agent
Sale Price: $295,000
Name of Establishment: Safe Habor Self Storage
Gross Revenue: $55,000 (Annual)
Cash Flow: $0 (Annual)
Home Based: Yes
Living Accomodations: Yes
Sale Terms: all cash, owner may consider owner financing to qualified buyer with reasonable down payment and excellent financial statement/credit
Last Updated: 10/11/2018

Overview / Comments

This is a long term successful business in the Falls of Rough, Ky (Leitchfield) area, owner is retiring, located only approx 2 miles from Rough River State Park, only approx 3 miles to Falls of Rough Resort/Lafayette Golf Course, This business consist of 59 self-storage units, which consist of: (20) 10'x12' units ($60 p/m each), (18) 12'x36' units ($135 p/m each), (8) 4'x10' units ($40 p/m each), (5) 4'x5' units ($30 p.m each), (4) 6'x10' units ($50 p/m each), (4) 6'x8' units, ($50 p/m each), All located on Approx 3.5 acres, which approx "2.5" acres is "vacant" and available for building additional storage units, there's a need for additional "boat storage units" in the area, Rough River State Park is only approx 2-3 miles from this location, total approx potential income $45,000-55,000, plus 1,000 sq ft apartment, which consist of 2BR's, 2 baths, living rm, kitchen plus dining area, ideal for a property manager, OWNER USES APPROX 12-16 UNITS FOR HIS PERSONAL USE FOR HIS OTHER BUSINESSES, HE DOESN'T PAY HIMSELF FOR THE USE AND THE NUMBERS WILL REFLECT AS SUCH, Also available ($150,000): there's 3 commercial rental units, approx 450 sq ft, ($400 p/m each), which has been converted into 1 large unit, which the owner uses for personal use and doesn't pay himself for such use, plus 1 apartment approx 550 sq ft ($300 p/m), 1 commercial unit, approx 925 sq ft, ($600 p/m), which the owner uses for his personal use, laundry mat approx $7,500-$10,000 annual income, 2 bay car wash w/approx $10,000 income, 1 apartment approx 550 sq ft ($300 p/m), excellent opportunity, great investment, see attached pictures/video, "SELLER CAN PROVIDE BANK APPRAISAL FOR $485,000 DATED 11/27/14 UPON REQUEST", seller has 2 sub-divisions (Sherwood Forest, approx 32 acres, #30103125, 50 lots & Little Cabin Resort,#30103204 approx 46 acres, 80 lots) for sale near this property, for additional details, pls call listing agent

Attachments & Media

Additional Details

Industry Segment: Self Storage
Reason for Selling: seller is retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 452 2,649
Median Age: 53.07 46.19
Households: 223 1,121

Contact

© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.