4317 Mount Carmel Tobasco Road
Cincinnati, OH
Industrial for Sale - $1,500,000 - 35,395 Sq. Ft. on 4.5 acres
Property Info
CIMLS# | 899173 |
Location 4317 Mount Carmel Tobasco Road Cincinnati OH 45244 | |
Updated | August 25th, 2016 |
Type | Industrial |
Price | $1,500,000 |
Building | 35,395 Sq. Ft. |
Land | 4.5 acres |
Property Description
Self Storage facility for sale. 232 variable lockable units in a gated facility. 53 parking spots for RVs, Boats, Trailers or trucks. Property includes a small house leased with the front lot for an independent U-Haul rental operation. Long term ownership. Local zoning approval makes barrier to entry for competitors unlikely and very difficult. More local development of Apartments in the sub-market. This is a value-ad opportunity having additional land upfront for additional buildings.
Location Description:
1 mile east of State Route 125; 3/4 miles from State Route 32
Highlights:
>> Located conveniently near condos and garden style apartments
>> Located conveniently to large population centers of Anderson & Union Townships
>> Hottest sector in Commercial Real Estate
>> No tenants, no toilets, no trash, no evictions
>> Minimal collection loss
>> Minimal Repair and Maintenance Costs
>> Predicable Variable Cost structure
>> Low risk
>> Seller Financing Available to qualified buyers having Self Storage Operating Experience and 25% Cash Injection.
>> SBA programs 7a and 504 programs can be used to finance
>> U-Haul business operating on-site
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Financials
Sales Info:
>> Commision split: 2.5%