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BNG Rentals 2 Properties Offered at $725,000 in Multiple Locations
Investment Highlights
- 94% Occupancy
- 4,200 Sq Ft w/ Significant expansion potential
- 2.25 acres of land
- $64,000+ Gross Annual Income
- Great core infrastructure already built out
- Below Market Rents
Executive Summary
Address: 110 Cornette St, Drakesboro, KY 42337
Address: 484 Phillip Stone Way, Central City, KY 42330
This self-storage facility features 93 total units with a strong 94% occupancy rate, generating more than $64,000 in annual gross income.
Alongside the Drakesboro facility is a 3-bedroom, 1-bathroom house. Situated on 2.25 acres, the property includes 4,200 square feet of existing storage space and offers significant expansion potential to increase revenue.
With a solid infrastructure already built out and current rents priced below market, the asset provides immediate cash flow along with excellent long-term growth opportunities. Its location within a stable and growing community further supports consistent demand, making this a compelling investment opportunity.
Address: 484 Phillip Stone Way, Central City, KY 42330
This self-storage facility features 93 total units with a strong 94% occupancy rate, generating more than $64,000 in annual gross income.
Alongside the Drakesboro facility is a 3-bedroom, 1-bathroom house. Situated on 2.25 acres, the property includes 4,200 square feet of existing storage space and offers significant expansion potential to increase revenue.
With a solid infrastructure already built out and current rents priced below market, the asset provides immediate cash flow along with excellent long-term growth opportunities. Its location within a stable and growing community further supports consistent demand, making this a compelling investment opportunity.
Property Facts
| Price | $725,000 | Number of Properties | 2 |
| Price / SF | $241.67 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 3,000 SF |
| Status | Active | Total Land Area | 2.26 AC |
| Price | $725,000 |
| Price / SF | $241.67 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,000 SF |
| Total Land Area | 2.26 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 484 Phillip Stone Way, Central City, KY 42330 | Land | 1.25 AC | - | - |
| 110 Cornette st, Drakesboro, KY 42337 | Specialty | 3,000 SF | 2000 | - |
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