Property Listing No Longer Available for Sale

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
UpdatedAugust 25th, 2016
TypeIndustrial
Price$1,500,000
Building35,395 Sq. Ft.
Land4.5 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%