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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.

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
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

zoning

Zoning Code C4 (C-4 GENERAL COMMERCIAL ZONE)
C4 (C-4 GENERAL COMMERCIAL ZONE)
  • Listing ID: 34346476

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: 1081 S Highway 191, Moab, UT 84532

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