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5600 County Road 114, Fulton, MO, 65251

I-70 & Hwy 54 Storage & Mobile Home Park
$3,000,000

Key Information

Cap Rate
7.16%
Tot. SF
34,630
Units
140
Year Built
1996
Type
Self Storage
NOI
$214,815

Highlights

Property Highlights

  • Listing Price: $3,000,000
  • ±21 Acres
  • On-Site Managers Office
  • In-Place NOI $214,815
  • 7.16% In-Place Cap Rate
  • ±43.3% Expense Ratio
  • ±16,500 VPD on US HWY 54
  • Expansion Opportunity

Self Storage Highlights

  • ±34,630 Total NRSF
  • 90% Physical Occupancy
  • 82% Economic Occupancy
  • 127 Total CC & NCC Units and 13 Exterior Parking Spaces
  • 60×100 Concrete Pad Ready to Build ±20 Additional Units
  • Only 6.43 SF Per Capita in 5-Mile Radius

Mobile Home Park Highlights

  • Currently 37 Total Homes
  • 83% Physically Occupancy
  • City Water and Wastewater Treatment Plant
  • 5 RTO
  • 29 POH
  • 3 TOH
  • Separately metered electric at each site
  • Expansion Opportunity

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203