1081 S Highway 191 - Moab JR Self Storage
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1081 S Highway 191 - Moab JR Self Storage
11,492 SF Specialty Building Offered at $1,488,000 at a 6.25% Cap Rate in Moab, UT 84532
Investment Highlights
- Centrally Located in Moab
- Highly growing area
- Concrete Drive
- Under Market Rents
Executive Summary
92% occupancy. 83 units. 10,450 sq ft.
Concrete pavement. Security Cameras. We use Easy Self Storage Solutions. There is no onsite management. We remotely manage the facility and use a local help to vacate units.
Concrete pavement. Security Cameras. We use Easy Self Storage Solutions. There is no onsite management. We remotely manage the facility and use a local help to vacate units.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $107,914 | $9.39 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $107,914 | $9.39 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $14,914 | $1.30 |
Net Operating Income | $93,000 | $8.09 |
Financial Summary (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | $107,914 |
Annual Per SF | $9.39 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $107,914 |
Annual Per SF | $9.39 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $14,914 |
Annual Per SF | $1.30 |
Net Operating Income | |
---|---|
Annual | $93,000 |
Annual Per SF | $8.09 |
Property Facts
Price | $1,488,000 | Building Class | B |
Price Per SF | $129 | Lot Size | 0.58 AC |
Sale Type | Investment | Building Size | 11,492 SF |
Cap Rate | 6.25% | No. Stories | 1 |
Property Type | Specialty | Year Built | 2003 |
Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
Price | $1,488,000 |
Price Per SF | $129 |
Sale Type | Investment |
Cap Rate | 6.25% |
Property Type | Specialty |
Property Subtype | Self-Storage |
Building Class | B |
Lot Size | 0.58 AC |
Building Size | 11,492 SF |
No. Stories | 1 |
Year Built | 2003 |
Opportunity Zone |
Yes |
Amenities
- Signage
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zoning
Zoning Code | C4 (C-4 GENERAL COMMERCIAL ZONE) |
C4 (C-4 GENERAL COMMERCIAL ZONE) |
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Presented by
Andy Stroman
1081 S Highway 191 - Moab JR Self Storage
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