Kratzville Mini-storage

Special Purpose for Sale
Also listed as Industrial
Catylist Listing ID: 30808367
Building Size (RSF): 6,038 SF
Gross Land Area: 4.04 Acres
Sale Price: $749,000
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/4/2022

Overview / Comments

This property consists of an existing mini storage facility, a rental home, and +/- 4 acres of land for expansion. Attached documentation shows existing numbers as well as proposed numbers and plans.
Current storage units stay at 95%+ occupied. There is vacancy in outside parking. Rental home has been occupied by the current tenant for 3+ years.
Current management company could continue operation if buyer desires.

Don't miss this opportunity to invest in a property with significant upside potential.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County/Evansville IN
Tax ID/APN: 82-05-12-034-077.070-020
Property Visibility: Excellent
Largest Nearby Street: Hwy 66 (Diamond Ave.)
Highway Access: Diamond Ave to Kratzville Road.
Airports: Greater Evansville
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Average
Year Built: 1958
Year Renovated: 2010
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Metal siding on storage units. Brick on rental home.
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Septic
Legal Description: PT SE 12-6-11

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,221 62,009 138,602
Median Age: 41.16 38.48 37.64
Households: 3,390 25,569 56,726
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