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1001 W 1st St - RUSH COUNTY STORAGE & SHADY MAPLE MHC

Speciality Building Offered at £2,761,500 at a 6.86% Net Initial Yield in Rushville, IN 46173

Executive Summary

Introducing the Rush County Storage & Shady Maple MHC, located at 1001 W 1st Street, Rushville, IN 46507. This exceptional property offers a unique investment opportunity with 287 self-storage units and a 25-unit manufactured housing community in Rushville, Indiana. Boasting an IN-Place NOI of $239,996 and a stable occupancy rate, this property is primed for growth with great potential for increased rents. Conveniently situated just 45 minutes east of Indianapolis, all four locations are within close proximity to each other, providing ease of management and operations. The properties benefit from city water and sewer services, enhancing their appeal and value. The current owner has made significant improvements, setting the stage for the next owner to maximize this property's potential. Don't miss out on this lucrative investment opportunity in the thriving Rush County area.
Video of the Properties: https://youtu.be/xs80nMKIgYE?si=KF93Edb5Lu_gFAkd
For the OM go to www.wiselycr.com

Attachments

Rushville Flyer

Property Facts

Price £2,761,500 Property Subtype Self-Storage
Sale Type Investment Lot Size 2.07 AC
Net Initial Yield 6.86% Number of Floors 1
Property Type Speciality Year Built 1990
Price £2,761,500
Sale Type Investment
Net Initial Yield 6.86%
Property Type Speciality
Property Subtype Self-Storage
Lot Size 2.07 AC
Number of Floors 1
Year Built 1990

Links

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(317) 564-8339

  • Listing ID: 33744622

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 1001 W 1st St, Rushville, IN 46173

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1001 W 1st St - RUSH COUNTY STORAGE & SHADY MAPLE MHC
(317) 564-8339 x

1001 W 1st St - RUSH COUNTY STORAGE & SHADY MAPLE MHC

Adam McNeil

(317) 564-8339

(317) 564-8339

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