Storage Units on US 20

Eleroy, IL
buildings
Sale Pending
Asking Price:$350,000
Real Estate:$200,000
Gross Revenue:$29,400
Established Year:2022
BUSINESS DESCRIPTION

Storage units ! 1.17 acre parcel on US 20 ( traffic count 8300) with 2 storage buildings on it built in 2022, sizes 110 X 32 and 110 X 16. 30 units available, fully occupied at 65 per month per unit. and room for plenty more. Billboards are included, rent on those is $6,000 per year. Total current annual income $ 29,400. The value here is in future expansion. Liquor license and video gaming available. Zoning for most anything.


ATTACHED DOCUMENTS
pro forma .pdf Download

DETAILED INFORMATION
Location
Eleroy, IL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,208
Facilities
2 storage buildings , old well and septic on site, electricity available at the lot line
Competition
Very good, units are fully occupied
Growth & Expansion
Plenty of room for more storage units or most anything else
Financing
no land contract
Support & Training
Owner will train for 30 days
Reason for Selling
undisclosed

BUSINESS LOCATION
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Brian
Borchardt
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Brian Borchardt