For SaleFor SaleMLS# SOM60323268

1061 Banning

1061 Banning, Marshfield, MO 65706

$3,095,000

Type

Other

Sq Ft

41,470

Lot Size

2.8 acres

Year Built

2018

Cap Rate

N/A

Price/SqFt

N/A

Description

PACKAGE INVESTMENT OPPORTUNITY: Two established self-storage facilities being sold together for a combined price. Located just 2 miles apart within the Marshfield city limits, this portfolio offers a total of 346 units and over 41,000 net rentable sq. ft. Both sites feature premium security upgrades including full fencing, 24/7 gate access, and remotely monitored security systems with automated lockouts and code changes integrated via ESS software. Both facilities offer drive up units & climate-controlled by all-electric heat pump HVAC systems. Banning location offers a few outdoor storage spots. Both locations have potential for small building additions. While currently not utilized, both locations have the ability to connect to public water and sewer. FACILITY 1: 1061 Banning St, 1.43 Acres +/- (Zoned R-3), 164 Units (Includes 4 outdoor parking spaces), Approx. 20,910 Net Rentable Sq. Ft. FACILITY 2: 423 S Locust St 1.37 Acres +/- (Zoned B1/B3), 182 Storage Units, Approx. 20,560 Net Rentable Sq. Ft.

Location

Listing courtesy of Jonathan Minerick, HomeCoin.com.

Listing information is provided by the Southern Missouri Regional MLS (SOMO) via MLS Grid and is deemed reliable but not guaranteed. Data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.