Right outside the city limits, this self storage facility has been a locally owned fixture for over thirty years. Because the facility location is beyond the city limits there are no city property taxes. As of current writing, all of the forty-five self storage units are rented out with many of them being under contract for one full year. All current rental contracts can be and will be passed on to any potential buyer and the terms of these contracts can be renegotiated if the new owner so chooses.
Located directly off a major highway, the particular self storage facility can be seen by thousands of passing drivers all day and every day. Everyone looking for more self storage facility options can view the self storage facility whether coming or going. Tourist and locals alike drive by the facility which is a great advertisement in itself. Mostly due to the location, investment in advertising has been minimal over the years, and yet the storage facility continually boasts a near one hundred percent occupancy rate. All of these rental rates are far lower than any nearby competitors, however, a recent survey of regional rental rates shows that the currently low rates can be increased, further enhancing an already high profit margin, and still remain well below the regional average rental rates. While there are currently forty-five self storage units, there is an additional one half acre of undeveloped surrounding land included in the sale price. This land could be used for an expansion that could nearly double the current capacity of the self storage facility.
As of now, the owner is the only person employed by the self storage facility. There are no labor costs, and maintenance is so minimal that the current owner also handles any maintenance issues that arise. For awhile now, the owner normally works around forty hours a week, and has the weekends off. The self storage facility is completely a self-sufficient entity. For security there is an eight foot chain link fence topped with razor wire surrounds the entire self storage facility property. An automated gate locked with a personalized key code is the only access to the premises. Four cameras monitor the entire facility twenty-four hours a day, seven days a week. Each self storage unit can be accessed by a steel garage door that can be locked by the rental client. The client is the only individual with access to their personal self storage unit. Also, available with the sale of the self storage facility is an opportunity to purchase an insurance package that limits the liability of the in the case of theft, burglary, or weather damage.
If you are interested in being your own boss, making your own work schedule, and working in a low stress environment, then purchasing this self storage facility is for you. Act now to secure this low risk business venture and help guarantee your financial security. Ask for owner financed loans to help purchase this self storage facility.
