Tot. SF
15,500
Units
82
1 Perigen Ln, Granite City, IL, 62040
JTO STORAGEClosed
Key Information
Year Built
2011
Type
Self Storage
NOI
$39,555
Highlights
- Opportunity to implement and improve ancillary income streams such as tenant insurance program, administrative, and late fees
- Ability to increase rents on existing tenants immediately
- High yielding upon stabilization with a Year 2 cap rate of 10.17% and Year 3 cap rate of 11.13%
- The facility is fully fenced and secured with security cameras
- Opportunity to convert parking canopies into more individual storage units
Photos
Location
Agents
A
Austin BlomLicense # 475.211720 (IL)
Broker of Record
Matthew M. Fitzgerald
License # 478027547 (IL)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203