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3966 39th Ave E - Longboat Storage 11,772 SF Specialty Building Offered at $825,000 in Alexandria, MN 56308
Executive Summary
The property features 40 units and is currently 100% occupied, providing stable in-place cash flow. The asset generates annual gross income of $79,500 with a net operating income of $52,684, offering an attractive return profile and consistent operational performance.
Property Facts
| Price | $825,000 | Lot Size | 4.50 AC |
| Price Per SF | $70.08 | Building Size | 11,772 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2005 |
| Property Subtype | Self-Storage | Cross Streets | Hwy 29 |
| Building Class | C | Parcel Number | 03-0029-248 |
| Zoning | C | ||
| Price | $825,000 |
| Price Per SF | $70.08 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.50 AC |
| Building Size | 11,772 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Cross Streets | Hwy 29 |
| Zoning | C |
| Parcel Number | 03-0029-248 |
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Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
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3966 39th Ave E - Longboat Storage
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