18 Hwy Tt, Steelville, MO 65565
Listing Presented By
Commercial, 1 Story,Other Building Type - Steelville, MO
EASY PEASE MONEY .. Storage units, 19 of them, currently all rented from $55.00 - $45.00 - $35.00 monthly income with potential of $10,380.00 per year & expenses currently at; $1785.00 your cap rate is around 11% BEFORE deducting the building depreciation. No electric, no water, no sewage, no 24/7 living in the property tenancies to complain, just straight out storage space. Hit the Highway to be in town within 1 mile. Put your money in the bank and see if it does this well. This is right on State maintained Highway, you are responsible for a gravel road that goes around the building, very little lawn mowing, property taxes & insurance + a load of Gravel here and there. There's an old barn building in the back, might be worth some $'s on the wood alone. Check it out, we are ready to show you right now.
Square Footage: 2,544
Built In: 2008
Last Updated: October 11, 2016
Posted: October 6, 2016