Safe Harbor Self Storage (Falls Of Rough, Ky)

Business Opportunity for Sale
Sale Pending
Catylist Listing ID: 30102347
Property Subtypes: Moving/Storage/Delivery, Real Estate
Status: Pending
Building Size (RSF): See Agent
Sale Price: $425,000
Name of Establishment: Safe Habor Self Storage
Gross Revenue: $75,000 (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: 6/16/2018

Overview / Comments

OWNER HAS REDUCED THE LISTING PRICE $75,000 AND WILL LOOK/CONSIDER ALL REASONABLE OFFERS!!! MAY CONSIDER OWNER FINANCING WITH REASONABLE TERMS!!! THIS IS A VERY RARE MULTI-BUSINESS OPPORTUNITY!!! 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, 4 commercial rental units, 2 apartments, 2-bay car wash, laundry mat, all located on approx 5 acres, of which approx 2 acres is undeveloped and available for expansion, ideal for boat storage/more storage units, The self-storage 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), total approx potential income $45,000-55,000, 3 commercial rental units, approx 450 sq ft, ($400 p/m each), 1 commercial unit, approx 925 sq ft, ($600 p/m), 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), 1,000 sq ft apartment, consist of 2BR's, 2 baths, living rm, kitchen plus dining area, total potential annual income is approx $75,000-$100,000, 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

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

Demographic Statistics

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


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