Riverside Storage Portfolio
• Seller Financing available with very attractive debt terms for qualified investors • Extremely low basis – being offered at only $27 per square foot, which is far below replacement cost • Zero competition – with closest competitors over 8 miles away, there are no competitors for this property within the city of Savanna • Mom & Pop Operated – currently owner-operated which offers immediate upside through website implementation, online advertising, and improved occupancy • Very attractive projected cash-on-cash returns at stabilization
Noi
$169,486
Units
441
$ Per Sf
$27
Cap Rate
6.53%
Lot Size
18.58 Acres
Occupancy
80%
Proforma Cap
7.93%
Leasable Area
93,054
Financials
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