1081 S Highway 191 - Moab JR Self Storage
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1081 S Highway 191 - Moab JR Self Storage
11,492 SF Speciality Building Offered at £1,192,632 at a 6.25% Net Initial Yield in Moab, UT 84532
Investment Highlights
- Centrally Located in Moab
- Highly growing area
- Concrete Drive
- Under Market Rents
Executive Summary
92% occupancy. 83 units. 10,450 sq ft.
Concrete pavement. Security Cameras. We use Easy Self Storage Solutions. There is no onsite management. We remotely manage the facility and use a local help to vacate units.
Concrete pavement. Security Cameras. We use Easy Self Storage Solutions. There is no onsite management. We remotely manage the facility and use a local help to vacate units.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £86,493 | £7.53 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £86,493 | £7.53 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | £11,954 | £1.04 |
Net Operating Income | £74,540 | £6.49 |
Financial Summary (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | £86,493 |
Annual Per SF | £7.53 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £86,493 |
Annual Per SF | £7.53 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | £11,954 |
Annual Per SF | £1.04 |
Net Operating Income | |
---|---|
Annual | £74,540 |
Annual Per SF | £6.49 |
Property Facts
Price | £1,192,632 | Building Class | B |
Price Per SF | £104 | Lot Size | 0.58 AC |
Sale Type | Investment | Building Size | 11,492 SF |
Net Initial Yield | 6.25% | Number of Floors | 1 |
Property Type | Speciality | Year Built | 2003 |
Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
Price | £1,192,632 |
Price Per SF | £104 |
Sale Type | Investment |
Net Initial Yield | 6.25% |
Property Type | Speciality |
Property Subtype | Self-Storage |
Building Class | B |
Lot Size | 0.58 AC |
Building Size | 11,492 SF |
Number of Floors | 1 |
Year Built | 2003 |
Opportunity Zone |
Yes |
Amenities
- Signage
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zoning
Zoning Code | C4 (C-4 GENERAL COMMERCIAL ZONE) |
C4 (C-4 GENERAL COMMERCIAL ZONE) |
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Presented by
Andy Stroman
1081 S Highway 191 - Moab JR Self Storage
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