Self Storage Facility

INVESTMENT OPPORTUNITY

SELF STORAGE UNITS

204 Self Storage units partially leased. Undermanaged self storage project with 6 buildings of 3,500+ SF each totaling 27,693 SF on 1.84 acres.

Current income only $26,209/yr due to lack of attentiveness. Needs a new lease-up program. Potential annual income is excess of $187,000.

Some deferred maintenance. Steel construction. Algonquin Township Assessor has assessed this at $1,591,668 per tax bills.

Unit Mix: 53 (5x10), 60 (10x10), 88 (10x20), 2 (10x30). 5 paying outdoor parking spaces, 1 leased shed.

6 Multi-tenant industrial buildings also available separately for $2,400,000. Additional address for this property is 6210 Official Drive. Other PINs are 09-08-227-009 and 014.