-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 7.4% Cap Rate on actuals - Seller carry terms yield 8.3% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager’s residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 6%- Term: 5 years- Amortization: 30 years- Monthly payment: $5,996
N Lombard - West on N Roberts to end then Left on private drive
Dwelling Type: CommercialSale
Subdivision:
Year Built: 1926, County: US
N Lombard - West on N Roberts to end then Left on private drive
Listing is courtesy of Works Real Estate