$79,900, Studio, 24 Mini Warehouses!! Great Investment Potential!!

Posted: Tuesday, April 23, 2013 9:48 AM

775 Beaumont Ave
Spartanburg, SC 29303
24 MINI-WAREHOUSES!! GREAT INVESTMENT POTENTIAL!!

Bill Gelders

Cell:

(864)580-1097

Price	:	$79,900
Square Foot	:	4,000
Lot Size	:	29,620 sq.ft.
County	:	Spartanburg
Property Type	:	Single Family
Year Built	:	2004
MLS Number	:	200600

click for more information and pictures

Property Description

MINI-WAREHOUSE. FENCED W/ AUTOMATIC CODED GATE. ROOM FOR SECOND BUILDING. 4,000 Sq Ft building w/ 24 storage units. 2 - 10' x 40'; 14 - 10' x 20'; 8 - 5' x 10'. Eave Hgt = 8.5'. Exterior walls metal panals over steel framing; Dividers metal panals over metal studs; Roof metal panals; Foundation 6" concrete. Current rental by size: $120/$75/$35. Operating Income (100% occupied; currently 71%) = $18,840 annually; Operating Expenses $4,000 annually (taxes, insurance, power, lawn maintenance. Net Operating Income @ 100% = $14,840; @ 80% = $11,072. CAP rate at list price w/ 100% Occupancy = 18%; at 80% = 13%. GREAT INVESTMENT!! BUILD FINANCIAL STABILITY!! A MUST SEE TODAY!!

Equal Housing Opportunity.

Sage Realty : 290 Hollis Dr - Spartanburg SC 29307 : (864)580-1097

Information is deemed reliable, but is not guaranteed. All buyers are advised to independently verify the accuracy of any and all information contained herein.

775 Beaumont Ave, 29303 google map | yahoo map

Bedrooms: Studio

• Location: Greenville, Spartanburg

• Post ID: 6364033 greenville

• Other ads by this user: $59,900, 3br, 3 Bedroom Single Family, Ranch - Spartanburg, Sc

(Spartanburg) real estate for sale: homes for sale $137,500, 7br, 6 Or 7 Bedroom House In Hillbrook!!

(Spartanburg) real estate for sale: homes for sale $21,900, 3br, 3 Bedroom, 1 Bath Home In Union

(Union) real estate for sale: homes for sale $259,000, 4br, 4 Bedroom, 3 Bath Home In Pierce Acres!!

(Spartanburg) real estate for sale: homes for sale $51,900, 3br, Great Investment Opportunity; 2 Homes Duplex

(Spartanburg) real estate for sale: homes for sale

Email this ad

greenville.backpage.com is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider.