Description

Spanning across 2.42 acres, with road access from two sides. Located in Linn Creek, Missouri of Camden County, this facility offers 59 total units across 20,800 net rentable square feet. Mid Missouri Big Storage is located in the business park of Linn Creek off of Highway 54. Mid Missouri Big Storage’s unit mix is comprised of 10x50s, 18x50s and outdoor parking both covered and non-covered to meet all boat and RV storage needs. Contractor units were added to the location in May of 2023, offering a rentable space of 900 square feet complete with plumbing and electrical for contractors use. Mid Missouri Big Storage is equipped with security cameras, perimeter fencing for parking and dusk to dawn lighting. Mid Missouri Big Storage is a stabilized, cash flowing asset, offering value-add opportunities through various forms including, but not limited to, increased rents, administrative fees, tenant insurance and management software, as well as room physical expansion.

Call Jenna with any questions: 636-251-3334

Investment Highlights:

· 90% physically occupied

· Room to increase rents

· 2023 construction on contractor units

· Room for physical expansion

Investment Financials:

· Gross Potential Rent: $121,500

· Current Trailing 10-Months Rental Income: $84,660

· In-Place Annual Expenses: $10,942 (new investor expenses likely to increase)

· Current Trailing 10-Months Net Operating Income: $73,718