RV BOAT STORAGE VIP storage Summerdale

Special Purpose for Sale
Catylist Listing ID: 30873240
Building Size (RSF): 17,000 SF
Gross Building Area: See Agent
Gross Land Area: 4 Acres
Sale Price: $579,000
Property Use Type: Business
Usable Size (USF): 176,809 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/24/2024

Overview / Comments

Possible owner financing! 20% down!! Current survey. . With a 6-foot chain-link fence encircling the entire perimeter. Property is zoned for both residential/business. 6 bay-covered 60 x 40 storage buildings, with 35 covered 12 x40' bays. A covered workspace with a concrete slab. Plenty of space at the rear of the property for whatever other plans you might have. Water, sewer, and electric utilities are already in place.
Opened April 1,2024. 4 acres. Ready to grow. Income producing!
3 buildings, fenced, secured.
13 spots already rented.
4 acres improved , fenced.
Performa numbers:
Open parking spaces 62 @ $49.00 =$3,038.00 month
Covered Parking spaces 35 @ $149.00 =$5,215.00 month
Total of 97 spaces
Current rent rolls 8/24/24 : 17 spots rented and growing! $26,160 annually.
There is a dump station in place for RVs. City water, power
New rental tenants weekly,, call for up to date occupancy
Appointment required to enter facility. Drive byes welcome

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-55-05-16-0-000-005.041
Property Located Between: Foley / summerdale
Property Visibility: Excellent
Site Description: 4 acres
Total Number of Buildings: 3
Property Condition: Excellent
Year Built: 2020
Parking Type: Surface
Lot Frontage: 223
Lot Depth: 881
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,813 22,805
Median Age: 40.58 40.07
Households: 2,250 9,004

Contact

Photograph of Listing Agent

Renee Cheval Beasley

Herrington Realty, Inc Gulf Coast CMLS Member
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