Bought with Amy Elizabeth Hunt Keller Williams Realty Elevate
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10446 E State Highway 90 Pineville, MO 64856
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Key Details
Sold Price $437,750
Property Type Commercial
Sub Type Commercial Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 6,640 sqft
Price per Sqft $65
MLS Listing ID SOM60251554
Sold Date 10/16/23
Year Built 2006
Annual Tax Amount $1,160
Tax Year 2022
Lot Size 7.500 Acres
Acres 7.5
Property Sub-Type Commercial Sale
Property Description
Now is your chance to own an income-producing STORAGE FACILITY boasting 63 fully occupied units and room for expansion. With a rate increase initiated on 10/1/2023, the CAP Rate stands at a compelling 8.9% at the asking price. Strategically located just off Highway 90, a mere 10 miles from Pea Ridge, AR, in a rapidly growing area, this investment property promises long-term profitability. The 2022 Profit and Loss statement is readily available, making it an ideal addition to your portfolio. Act now to secure your stake in this thriving market; this chance won't last long!There are two other land listings adjacent to the property that you can purchase for expansion and other business ventures.
Location
State MO
County Mcdonald
Interior
Fireplace N
Exterior
Waterfront Description None
Garage No
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