175 W 3450 S - Mighty Storage Co - Out of Town
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175 W 3450 S - Mighty Storage Co - Out of Town
11,900 SF Specialty Building Offered at $1,123,304 CAD at a 7.01% Cap Rate in Price, UT 84501
Investment Highlights
- Rental house on property
- 90% occupied
- 1/4 acre free
Executive Summary
81 units and a Rental House on Property. Plus a quarter acre vacant land next. Fully Fenced with lighting, security Cameras. Asphalt drive. Averages above 90% Occupancy. 11,900 sq ft for the storage facility. Home rents for 1350/month
This facility is remote managed. We have three additional facilities in Price that are also listed and would like to sell together.
This facility is remote managed. We have three additional facilities in Price that are also listed and would like to sell together.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$97,391
|
$8.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$97,391
|
$8.18
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,598
|
$1.56
|
| Net Operating Income |
$78,794
|
$6.62
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $97,391 |
| Annual Per SF | $8.18 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $97,391 |
| Annual Per SF | $8.18 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,598 |
| Annual Per SF | $1.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $78,794 |
| Annual Per SF | $6.62 |
Property Facts
| Price | $1,123,304 CAD | Property Subtype | Self-Storage |
| Price Per SF | $94 CAD | Building Size | 11,900 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.01% | Year Built | 2003 |
| Property Type | Specialty |
| Price | $1,123,304 CAD |
| Price Per SF | $94 CAD |
| Sale Type | Investment |
| Cap Rate | 7.01% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Size | 11,900 SF |
| No. Stories | 1 |
| Year Built | 2003 |
PROPERTY TAXES
| Parcel Number | 02-1828-0011 | Improvements Assessment | $642,768 CAD (2023) |
| Land Assessment | $66,182 CAD (2023) | Total Assessment | $708,950 CAD (2023) |
PROPERTY TAXES
Parcel Number
02-1828-0011
Land Assessment
$66,182 CAD (2023)
Improvements Assessment
$642,768 CAD (2023)
Total Assessment
$708,950 CAD (2023)
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Presented by
Andy Stroman
175 W 3450 S - Mighty Storage Co - Out of Town
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