= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Industrial For Sale, Clinton, MO or Missouri

Industrial Property For Sale

Truman Lake Mini Storage

811 SE Hwy 7, Clinton, MO 64735

Price:
$170,000
Building Size:
22,776 SF
Price/SF:
$7.46
Property Type:
Industrial
Property Sub-type:
Self/ Mini-Storage Facility
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
15.30%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1984
Lot Size:
3.60 AC
Features:
- Fenced Yard
- Trailer Parking
- Electricity/Power
Find Out More...

Last Verified 10/7/2009 Listing ID 15593247

Highlights

Bank repo ready for the market was vacated by bank
Near truman lake huge demand for boat & RV storage
85 indoor units and 25+ outside storage

Build your own client base
Been a boat dealership in the past
Highway frontage

Description

6-buildings a mix of mini-storage & office space and repair shop. Office space and boat repair shop leased. 3.6 acres on HWY 7. 85-mini storage units. one building is large and will hold boats and RV's it has 20-units. This was a bank repo. The bank vacated the property the recent buyer purchased the property from the bank in late 1997 to gain acces to his joining property to the north. He has not tried to lease the storage units. Please see attached flyer for the back story.

This property is in the Truman Lake area. 2-miles from the lake. Truman Lake is a US Army Corp of Engineers owned lake. It is 50,000 acres of water and 110,000 acres of public use land. There is no private property along the shoreline. It attracts fishermen, campers and boaters from all states. Most of those campers and boaters prefer to store their units locally rather than tow back and forth so storage near the lake is always in demand.

Financial Summary

Major Tenant Information

Debt & Equity Information

Proforma
Year
2008
Scheduled Gross Income
$38,700
Effective Gross Income
$34,830
Operating Expenses
$8,707
Net Operating Income
$26,122
Pre-Tax Cash Flow
$14,489

Tenant	SF Occupied	Lease Expired
Lake Country Transport	1,296
The Boat Doc	1,728

Map of 811 SE Hwy 7, Clinton, MO 64735 (Henry County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

Re/Max Truman Lake

Request additional information

Contact Listing Broker

Chuck Gray (660) 525-0393 Ext: EXT

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 3/3/2008

Additional Information for 811 Se Highway 7, Clinton, MO 64735

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 811 SE Hwy 7, Clinton, MO 64735

Nearby Recently Sold Industrial propertiesSearch all recently sold commercial real estate

Self/Mini-Storage Facility
Sold 2Q 2007

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Industrial Property For Sale - Truman Lake Mini Storage

811 SE Hwy 7, Clinton, MO, 64735