Description
Amazing opportunity to own 221 newly built storage units in Albion. There are 6 buildings of storages in sizes 5x10 (27 units), 10x10 (47 units), 10x15(42 units), 10x20 (104 units), and 10x25 (1 unit.) Currently 166 of the 221 units are rented for a monthly gross of $15,808. That’s a gross of $189,969 annually. When all the units are rented there is a potential to be earning $21,437 as a monthly gross or $257,244 annually. The units 1-107 were built in 2020 and units 108-221 were built in 2022. All the units are constructed of concrete and have an all metal structure & roof, making the maintenance cost low. There is also an on-site office and security cameras. Seller is in the process of obtaining town approval for an additional 138 units. These units will NOT be built by the seller. Come make this money maker yours today!
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Courtesy of: Keller Williams Realty Greater Rochester All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Signature Real Estate Services shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2022 GENRIS. All rights reserved Updated: 21st March, 2023 8:27 AM (UTC)
