View website: http://775beaumontave.agentmarketing.com - MINI-WAREHOUSE. FENCED W/ AUTOMATIC CODED GATE. ROOM FOR SECOND BUILDING. 4,000 Sq Ft building w/ 24 storage units. 2 - 10' x 40'; 14 - 10' x 20'; 8 - 5' x 10'. Eave Hgt = 8.5'. Exterior walls metal panals over steel framing; Dividers metal panals over metal studs; Roof metal panals; Foundation 6&guot; concrete. Current rental by size $120/$75/$35. Operating Income (100% occupied; currently 71%) = $18,840 annually; Operating Expenses $4,000 annually (taxes, insurance, power, lawn maintenance. Net Operating Income @ 100% = $14,840; @ 80% = $11,072. CAP rate at list price w/ 100% Occupancy = 18%; at 80% = 13%. GREAT INVESTMENT.. BUILD FINANCIAL STABILITY.. A MUST SEE TODAY..
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